CPEC created 190,000 jobs over 9 years: Chinese official

News Image

By MG News | November 21, 2022 at 10:27 AM GMT+05:00

0:00

November 21, 2022: The China-Pakistan Economic Corridor (CPEC), a pilot project of the Belt and Road Initiatives has created 190,000 jobs over the past 9 years, Meng Wei, spokesperson of China’s National Development and Reform Commission told media on Sunday.

China and Pakistan established the Joint Cooperation Committee (JCC) on the CPEC in 2013, focusing on cooperation in Gwadar Port, energy, infrastructure, and industries, he added. 

In recent years, the two sides have expanded their cooperation to the fields of science and technology, agriculture, society, people’s livelihood, and information technology industries, the spokesperson said.

The cooperation outcome can be represented by the Gwadar East Bay Expressway project, China-funded Gwadar Seawater Desalination Project, Carlot Hydropower Station, China’s aid to Pakistan’s flood-hit areas, and more, the China News Service reported.

Next, the two sides will jointly implement the consensus between the leaders of the two countries, accelerate the cooperation in the fields of agriculture, mining, information technology, society, and people’s livelihood, and promote the high-quality construction of the CPEC, the spokesperson added.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 130,686.66
280.01M
0.26%
342.63
ALLSHR 81,305.25
897.01M
0.35%
281.26
KSE30 39,945.45
114.02M
0.09%
37.19
KMI30 190,698.05
148.61M
0.61%
1163.05
KMIALLSHR 55,074.15
495.43M
0.53%
290.50
BKTi 34,568.40
28.73M
-1.07%
-372.33
OGTi 28,739.35
22.59M
1.57%
443.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,275.00 110,525.00
110,055.00
-140.00
-0.13%
BRENT CRUDE 68.75 68.89
68.71
-0.05
-0.07%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 108.45 109.80
108.45
-0.55
-0.50%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.04 67.18
66.97
0.04
0.06%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 04, 2025 at 06:09 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 03, 2025 at 10:04 PM GMT+05:00

SBP reserves rise around to $13bn


July 03, 2025 at 05:39 PM GMT+05:00

Gold price in Pakistan rises Rs800 per tola


July 03, 2025 at 05:17 PM GMT+05:00

Microsoft exits Pakistan after 25 years


July 03, 2025 at 04:43 PM GMT+05:00

Privatisation Commission approves advisors for ZTBL



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg