China to fulfill its responsibility towards World’s better future: Sun Weidong

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ISLAMABAD (INP): China will fulfil its responsibility coping with the world economic downturn, boosting global economic growth and striving for the common development.
This was stated by the Chinese ambassador to Pakistan Sun Weidong in his article issued on the occasion of Chinese New Year. He referred to recent speech of Chinese President Xi Jinping which he delivered at the Opening Session of the World Economic Forum Annual Meeting 2017 at Davos.
The speech was warmly received and highly appreciated by the participating countries and the international community at large, which has brought fresh hope and momentum to the global economic prospect.
The speech delivered important messages, including Chinese proposals to further promote the economic globalization. President Xi made a clear judgment that economic globalization resulted from growing social productivity and is a natural outcome of scientific and technological progress.
The speech also shared the Chinese approaches to the problems of the world economy. President Xi analyzed the three critical issues in the current global economy, which are lack of robust driving forces, inadequate global economic governance and uneven global development.
The speech clearly pointed out that China’s development is an opportunity for the world. President Xi emphatically introduced China’s development path with its own characteristics.
The speech further introduced the propositions and concepts of the Belt and Road Initiative. President Xi summarized the significant progress and positive results achieved in construction of the Belt and Road Initiative.
Ambassador Sun Weidong further said in his article that at present, China-Pakistan relationship has been lifted to the all weather strategic cooperative partnership and is faced with new important opportunity.
As a major and pilot project of the Belt and Road Initiative, China-Pakistan Economic Corridor (CPEC) has entered into the stage of full implementation with remarkable progress. CPEC holds the principles of mutual benefits, win-win cooperation and common development.
It is facing Pakistan as a whole and bringing benefits to the Pakistani people. It has already begun to generate positive effects on Pakistan’s economic development, improvement of people’s livelihood and regional connectivity. It will also inject new impetus to the regional and global economic growth.
Looking into the future, China will stick to the path of peaceful development and pursue an open strategy of mutual benefits and win-win cooperation. We look forward to seizing the development opportunities and sharing cooperation dividends with the rest of the world.
We areready to work together with the international community to build a new global economic prospect of openness, inclusiveness, equilibrium and universal benefits, he added.