A review on one belt one road-China Pakistan economic corridor and its policy implications
The Belt and Road Initiative aims to promote the connectivity of Asian,European and African continents and the China-Pakistan Economic Corridor is one of its key ventures aiming for mutual cooperation and development of both the countries.Being termed as a life-line the project mainly focus on energy and infrastructure of Pakistan and the improvement of these sectors will serve as a driving source for Pakistans economy.China-Pakistan Economic Corridor with a proposed infrastructure from Gwadar to Kashghar and the other parallel projects would not only augment the Pakistans industrial sector but also create a lot of employment opportunities.Similarly,China Pakistan Economic Corridor is equally important for China as it links Chinas western area and will serve as a shortest probable route to the markets Central Asia and other regions.China is giving its extra attention to improve the amenities at Gwadar port for increasing its existing capabilities thus enabling both the countries to equally reap its maximum benefits.The successful implementation of this plan would also encourage additional investment from other countries.Being an ongoing project,with its soft and smooth accomplishment the people from both the countries are expected to gain substantial benefits through China Pakistan Economic Corridor.
One Belt One Road (OBOR) China Pakistan Economic Corridor (CPEC) Regional economies Pak-China relations
Faiza Manzoor Longbao Wei Abdul Latif Syed Irshad Ali Shah
Department of Agricultural Economics and Management,Zhejiang University,310029 Hangzhou,China Department of Management Sciences,Abbottabad University of Science and Technology,Khyber Pakhtunkhwa
国际会议
上海
英文
419-426
2017-10-21(万方平台首次上网日期,不代表论文的发表时间)