BEIJING, China: The Chairman Pakistan-China Institute (PCI) and Senate Foreign Affairs Committee Senator Mushahid Hussain Syed has said that there is a shift in the global economic and political power from the West to the East, and China’s peaceful rise and amazing development is an important inspiration for developing Countries.
While addressing the 4th CPEC Media Forum in Beijing, Mushahid Hussain said that the Belt and Road Initiative (BRI) has now spawned a greater South Asia comprising South Asia, Central Asia, China, Iran and Afghanistan driven by economy and energy. He said that the BRI is opening the door to a new World with China Pakistan Economic Corridor (CPEC) as its success story since it is the flagship & pilot project of the BRI.
“We see a shift in global balance of economic and political power away from the West to the East, and the emergence of the 21st Century as the Asian Century” Sen Mushahid Hussain at the 4th CPEC Media Forum@zlj517 @GameChangerYR pic.twitter.com/kECT7AoLhC
— Pak-China Institute (@pcipakchina) November 16, 2018
Mushahid Hussain said that Gwadar Port, centerpiece of CPEC, is now a very active functional port and it is opening up the entire region not just Pakistan. He also lauded CPEC’s role, as an ‘irreversible, mutually beneficial strategic project which has national consensus’ in Pakistan’s economic growth rate, saying the highest 5.8% growth rate in a decade is attributable to CPEC, plus the Western route has connected Quetta to Gwadar with an 8-hour road journey.
The Senator said that Pakistan’s chronic energy crisis has been controlled with an additional nearly 10,000 megawatts of electricity since launch of CPEC, and in Thar, coal is being mined and turned into electricity.
Citing the importance of media, the Senator said “Today, we are seeking to establish a rapid response information mechanism through collaboration between Pakistan-China Institute & China Economic Net, which both have the most popular website on CPEC & BRI’.
The 4th #CPEC Media Forum is underway in Beijing. The event is jointly organized by #CEN and #PCI. @zlj517 @GameChangerYR @CathayPak pic.twitter.com/IwTKmIlpEU
— Pak-China Institute (@pcipakchina) November 16, 2018
The 4th CPEC Media Forum was jointly organized by the China Economic Net (CEN) and the PCI in collaboration with the Chinese Embassy in Islamabad.
The purpose of the forum was to disseminate factual information on CPEC, and also to devise a joint Pakistan-China strategy to counter negative perceptions that are generated by vested interests and detractors in the region.
