CPEC projects to boost Pak-China trade: analysts
August 4, 2021
China-Pakistan iron-clad relationship and the substantial progress already made in the construction of the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) projects could provide economic propulsion to boost bilateral trade between the two countries, according to analysts.
Multiple Chinese enterprises from a variety of industries have settled in Gwadar Port in Pakistan, which has been cooperating with local companies across different industries such as fisheries by providing them with refrigeration equipment and processing equipment, Liu Zongyi, secretary-general of the research center for China-South Asia Cooperation at Shanghai Institutes for International Studies, said.
Liu noted that high-quality seafood products from the Gwadar Port now can be directly shipped to Northwest China’s Xinjiang Uygur autonomous region as CEPC has provided improved infrastructure for the country.
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