close
Friday April 26, 2024

Pakistan, China have a shared future: PM Nawaz

By APP
October 19, 2016

ISLAMABAD: Prime Minister Nawaz Sharif on Wednesday said Pakistan and China have a shared future with their all-weather relationship based upon shared principles and interests.

Talking to Chairman Board of Directors Bank of China Tian Guoli at PM House, the prime minister mentioned China s great support to Pakistan in sectors of security trade and infrastructure development.

The prime minister said China Pakistan Economic Corridor(CPEC) was the largest comprehensive project with any foreign country. He said the CPEC was a fusion of multiple development projects aimed at the prosperity and well being of citizens of the country and the region at large.

The prime minister said Pakistan had a vibrant banking system that had achieved high level of profitability, improved liquidity and strong solvency position.

He said the banking sector grew at an impressive annual average growth rate over the last five years. 

Tian Guoli lauded the vision of the Prime Minister for puttingthe country on development path and turning around the economy.  Guoli said CPEC had huge economic benefits for the people of Pakistan and the region.