STORY: Chinese companies make contributions towards Pakistan's economic growth: senate chairman
SHOOTING TIME: Oct. 13, 2024
DATELINE: Oct. 15, 2024
LENGTH: 00:01:11
LOCATION: Islamabad
CATEGORY: SOCIETY

SHOTLIST:
1. various of the Report conference
2. SOUNDBITE 1 (English): YOUSUF RAZA GILANI, Chairman of the Senate of Pakistan
3. various of the Report conference
4. SOUNDBITE 2 (English): YOUSUF RAZA GILANI, Chairman of the Senate of Pakistan

STORYLINE:

Chairman of the Senate of Pakistan Yousuf Raza Gilani said that Chinese companies have been improving business landscapes and making contributions towards national growth in the South Asian country.
   
Gilani spoke Sunday at the launch event, organized by the China Chamber of Commerce in Pakistan, for two reports entitled "The Glorious 11 years--How Chinese Companies Reshaped the Power Sector in Pakistan" and "Business Climate Index of Chinese Companies in Pakistan." The Pakistani official said that Chinese companies are creating employment opportunities, contributing to the national economy, and improving local production and infrastructure.

SOUNDBITE 1 (English): YOUSUF RAZA GILANI, Chairman of the Senate of Pakistan
"China companies working in Pakistan are creating employment opportunities, improving local production, improving infrastructure and contributing positively in the national economy of Pakistan."

Talking about the China-Pakistan Economic Corridor (CPEC), a flagship project of the China-proposed Belt and Road Initiative (BRI), Gilani said that CPEC played a vital role in reshaping Pakistan's energy and infrastructure sectors.

SOUNDBITE 2 (English): YOUSUF RAZA GILANI, Chairman of the Senate of Pakistan
"The Belt and Road Initiative and the China-Pakistan Economic Corridor has tremendously shaped energy and infrastructure, landscape shapes of Pakistan. CPEC ushers in Phase Two development. The bilateral cooperation will further expand into agriculture, modernization, industrial growth, mining, minerals, resources exploration, science and information technology, [and] education and culture partnership, thus transforming Pakistan's socioeconomic development."

Chinese Ambassador to Pakistan Jiang Zaidong said at the event that China is ready to work with Pakistan to implement the important consensus reached by the leaders of the two countries. This entails promoting synergy between the high-quality joint building of BRI and Pakistan's development plans, upgrading CPEC, and jointly building a growth corridor, a livelihood-enhancing corridor, an innovation corridor, a green corridor, and an open corridor.

Launched in 2013, CPEC is a corridor linking the Gwadar Port in southwest Pakistan's Balochistan province with Kashgar in northwest China's Xinjiang Uygur Autonomous Region. The first phase focuses on energy, transport, and industrial cooperation while the second phase expands to the fields of agriculture and livelihood, among others.

Xinhua News Agency correspondents reporting from Islamabad.
(XHTV)