ISLAMABAD – Pakistani Prime Minister Imran Khan’s plan to start a megapoverty alleviation campaign is an excellent way to help the local economyrecover.
In recent decades, China performed an economic miracle, lifting 800 millionpeople out of the poverty line.
Imran Khan recently said that Pakistan would learn from China’s model forpoverty alleviation.
China is ready to share its experience with Pakistan and provide necessaryassistance, according to an article published by Global Times on Tuesday.——————————
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Infrastructure construction can be a powerful engine for economic growthand poverty alleviation. The multi-billion-dollar China-Pakistan EconomicCorridor (CPEC) goes beyond a collection of infrastructure projects thatare under construction throughout Pakistan.
With the new government’s poverty alleviation campaign, China and Pakistanwill work more closely together to improve infrastructure in the SouthAsian country, the article said.
A remaining question is how to capitalize on business opportunities underthe CPEC to create more jobs for low-income people and lift them out ofpoverty.
China will not be stingy in offering necessary assistance to Pakistanipeople working for the CPEC-related industries, but it will strive toimprove the skills of local employees. Those efforts will help Pakistanraise its labor productivity and strengthen its economic competitiveness,the write up said.——————————
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In its pursuit of poverty alleviation and economic development, China hascharted its path. The route China followed is suitable for many developingcountries, including Pakistan.
As the South Asian country focuses more on poverty alleviation, China andPakistan will find more common topics of conversation, which will increaseinteraction and further strengthen bilateral ties.