Pakistan Today

CPEC part of China’s five-year economic strategy

Economic corridor projects, undertaken in Pakistan are part of goals, missions of China’s five-year plan, said officials while commenting on the draft outline of the 13th five-year plan, presented to on-going Session of the 12th National People’s Congress for review.

China is confident that such projects that are part of Belt and Road construction will expand win-win cooperation with the friendly countries.

Chinese leaders are committed to vigorously pursued China-Pakistan economic corridor and other such projects for their mutual benefits.

During the next five-year, China will focus on strengthening cooperation with international financial institutions, pushing forward the Asian Infrastructure Investment Bank and properly operating the Silk Road Fund.

The other goals and missions set in the draft outline for the years between 2016 and 2020 are:

—Keep medium-high growth to double China’s GDP and per capita income by 2020 from the 2010 level.

— Promote innovative, coordinated, green, open, and shared development.

INNOVATION-DRIVEN DEVELOPMENT

— Make breakthroughs in core technologies including information communication, new energy, new materials, aviation, biological medicine and intelligent manufacturing.

— Advance scientific research on universe evolution, material structure, origin of life, as well as brain and cognition.

— Vigorously initiate international major science projects.

— Ease the criteria for foreign talents’ applying for permanent residence.

— Improve the quality and efficiency of supply and stimulate real demand to strengthen new growth momentum.

— Foster new competitive advantages of foreign trade by exporting more high-end equipment and cutting-edge products with high added value.

MODERN INDUSTRIES

— Further, implement “Made in China 2025” strategy and focus on manufacturing innovation and the integration of information and manufacturing technologies.

— Support strategic emerging sector and improve its share in GDP to 15 percent.

— Boost information technology, new energy vehicles, biological technology and low-carbon industries, as well as high-end equipment and materials.

— Nurture the growth of high-tech sectors involving semiconductors, robots and intelligent systems.

ENERGY REVOLUTION

— Deepen energy revolution by establishing a modern energy system that is clean, low-carbon and efficient.

— Build a coordinated and integrated energy network.

MARITIME POWER

— Strengthen maritime law enforcement, safeguard maritime interests and maintain free navigation and maritime passage safety at sea waters under China’s jurisdiction.

— Improve sea-related dialogue and cooperation mechanisms with neighbouring countries and boost pragmatic maritime cooperation.

ENVIRONMENT

— Keep annual energy consumption within five billion tonnes of standard coal.

— Implement the strictest environmental protection system by gathering efforts from government, enterprises and the public to realize environmental improvement.

— Control carbon emissions, honour climate commitments and deeply participate in global climate governance.

OPENING UP

— Expand international production capacity cooperation in sectors including steel, railway, telecommunications, machinery and aviation.

— Increase service trade’s share in the total foreign trade to 16 percent.

— Relax restrictions in the service sector for foreign capital, widen market access in banking and securities, encourage foreign investment to flow into advanced manufacturing, high-tech industries and energy saving.

GLOBAL ECONOMIC GOVERNANCE

— Safeguard the role of the World Trade Organization and push forward multilateral trade negotiations.

— Vigorously set up free trade areas with countries along the routes of the Belt and Road.

— Actively participate in the making of international rules on the Internet, deep sea, polar region and space and of international standards.

INTERNATIONAL RESPONSIBILITY

— Increase assistance to developing countries in education, medicine, disaster relief, animal protection and poverty alleviation.

— Safeguard international public security and oppose any forms of terrorism.

PEOPLE’S WELL-BEING

— Lift 50 million people out of poverty and build a moderately prosperous society in all aspects.

— Fully implement two-child policy, with the total population reaching 1.42 billion.

STRATEGY AND SECURITY

— Formulate and implement national security policies in politics, territory, economy, society, resources and the Internet.

— Reinforce anti-terrorism forces and increase international cooperation.

— Advance national defence and military modernization.

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