Former World Bank vice president calls on Shehbaz Sharif

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An economic expert from China’s renowned Peking University and former World Bank senior vice president Justin Yifu Lin called on Punjab Chief Minister Shehbaz Sharif here on Sunday and exchanged views on Pak-China relations, strengthening of Pakistan’s economy, the establishment of industrial parks, and the country’s economic stability.

Talking on the occasion, the Chinese expert said that the chief minister had played a leading role in Pakistan’s progress, particularly Punjab’s, and his services for the prosperity and development of the people of Punjab were commendable.

The chief minister said that the CPEC had renewed the friendship of the two countries and remarked that the development of China was an exemplary model for the rest of the world.

Due to the CPEC, Pakistan is on the way to progress, he added, saying Pakistan would never forget the Chinese President Xi Jinping’s initiative to invest in the economic corridor.

Shehbaz Sharif said that the CPEC will also benefit other countries of the region. The China-Pakistan Economic Corridor is not an investment of billions of dollars but also a path of progress which will benefit the entire region, he said. The outcomes of this incredible project will fasten the country’s journey into the future and enhance regional cooperation, the chief minister claimed. He said that China had played an outstanding role towards the establishment of industrial parks in Pakistan.

The Punjab government hopes to benefit from Chinese expertise for the establishment of industrial parks, especially the garments industry, he elaborated. The chief minister said that the government of Pakistan was grateful to the Chinese leadership, government, and people for their cooperation in the progress and development of Pakistan, adding that the investment that China was making in Pakistan’s energy generation and other projects was unprecedented. Energy is indispensable for faster economic development and prosperity of the country, Shehbaz Sharif said.

Various projects in Pakistan are in progress, with many of them near completion, he went on. The chief minister also praised the Chinese president’s anti-corruption vision. The federal government has also adopted a zero tolerance policy against corruption in the province, he claimed, adding that there was indiscriminate action against those involved in corruption. Shehbaz Sharif said that transparency and merit were the hallmarks of the provincial government and even international institutions were acknowledging the reduction of corruption in Pakistan.

Lin also presented his book to the chief minister during his visit.

Chinese Consul General Long Dingbin, Provincial Ministers Ayesha Ghous Pasha and Malik Nadeem Kamran, Adviser Dr Umer Saif, the chief secretary, secretaries of other concerned departments, other officials and renowned industrialists were also present on the occasion.

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