–China plans to boost two-way trade with Pakistan from $12 billion to $20 billion
ISLAMABAD: Chinese scholar Dr Zhang Yifeng on Friday said that China aims at investing $1.3 trillion in Belt and Road Initiative (BRI) member states by the year 2027 which would become the single-largest investment by any state to help boost regional and trans-regional connectivity and trade.
Addressing the participants at a seminar titled “CPEC: An overview of current developments” held under the aegis of Muslim Institute, the Chinese scholar from Shanghai Academy of Social Sciences, China, said that China-Pakistan Economic Corridor (CPEC) has truly become a gateway to prosperity by linking Western China with Pakistan. He said that China has entered into an era of geo-economic relationship with Pakistan and it plans to boost two-way trade from $12 billion to $20 billion.
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