China needs to play important role to promote CPEC construction in new era

China needs to play important role to promote CPEC construction in new era

BEIJING: In order to promote the construction of China-Pakistan Economic Corridor (CPEC) in the new era, China needs to give a full play to the important role of the government and enterprises as well as other social sectors.

It is suggested that both sides should focus on the differences of respective concerns about interests, consolidate the foundation of governmental cooperation in the two countries, strengthen high-level exchanges, expand bilateral people-to-people exchanges and deepen economic and trade cooperation, according to a research report of the Development Research Center of the State Council of China issued.

It said China needs to improve the risk prevention and control countermeasures, safeguard its interests in Pakistan and build a multi-tiered security network. In addition, China also needs to improve the planning and operation capabilities of enterprises to conform to the development of CPEC and the enhancement of corporate interests, strengthen China-Pakistan scientific and academic exchanges and cultivate an intellectual-based mechanism to bolster high-level academic exchanges conducive to CPEC construction, joint research in key fields and the sharing of relevant knowledge and information.

The reports said, affected by various factors, the CPEC is currently confronting some challenges in the course of its construction.

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