Bilawal meets Chinese president in Beijing

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Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Friday held a meeting with the Chinese President Xi Jinping on the sidelines of the Asian Political Parties Conference on Silk Road in Beijing.

Both Bilawal and Jinping exchanged views on matters of mutual interest including people-to-people and party-to-party contacts.

Earlier on Wednesday, Bilawal Bhutto Zardari attended the thee-day “Asian Political Parties Conference on Silk Road” organized by the Communist Party of China and attended by representatives of political parties from various Asian countries.

Addressing the conference, Bilawal told participants that Pakistan was among the first to welcome – and recognize – the efforts of China in reshaping the international financial structure with new institutions such as the Asian Infrastructure Investment Bank, the New Development Bank, and the Silk Road Fund.

“The China Pakistan Economic Corridor, that will link Kashgar in Xinjiang with the port of Gwadar in Balochistan, is just one – but a significant example – of this mutual objective. Early estimates suggest that the influx of Chinese investment will stimulate a 15 per cent increase in Pakistan’s GDP by 2030. In fact, the first project to reach completion, in November this year, under the CPEC is a $2 billion joint venture to energize Thar Coal, located in the province of Sindh, where my party holds government,” he said.