China-Pakistan Economic Corridor (CPEC) is a major and pilot project of the Belt and Road Initiative which is proposed by Chinese President Xi Jinping. CPEC has become the framework and platform for comprehensive and substantive cooperation between China and Pakistan. CPEC is the important consensus reached by the leaders of both countries.
CPEC has gradually entered into the state of full implementation from planning, which is playing an increasing role in leading and promoting the bilateral substantive cooperation between China and Pakistan.
CPEC is of great significance to the development of China-Pakistan all-weather strategic cooperative partnership and the building of the community of shared destiny between China and Pakistan. CPEC will provide new opportunities, new vision as well as new impetus to China-Pakistan relations. CPEC is facing Pakistan as a whole and will bring benefits to Pakistani people. It will effectively promote the economic and social development of Pakistan.