BEIJING: Strategic all-weather partners China and Pakistan. Zhao stated on Wednesday at his regular press briefing at the International Press Center that China always supports Pakistan in building its economy, enhancing people’s livelihoods, and maintaining financial stability” (IPC).
According to Zhao Lijian, a spokesman for the Chinese Foreign Ministry, China would continue to assist Pakistan in building its economy, enhancing people’s quality of life, and ensuring financial stability.
On Friday of last week, Miftah Ismail, the federal minister of finance and revenue, declared that the State Bank of Pakistan’s (SBP) account had been credited with RMB 15 billion ($2.3 billion) from a Chinese consortium loan.
He said that the Chinese loan will aid in boosting Pakistan’s foreign exchange reserves. Zhao stated that the Chinese side was ready to work with Pakistan to advance practical cooperation in a number of fields, including finance, address risks and challenges, and create a stronger China-Pakistan community with a shared future in the new era. This was in response to the consensus reached by their leaders.
The Chinese embassy and consulate in Pakistan have been in regular contact and collaboration with the Pakistani government about the protection of Chinese institutions and employees there, the spokesperson said in response to a question regarding the safety of Chinese citizens and assets. In order to secure the Chinese workers working on the China-Pakistan Economic Corridor and other intergovernmental cooperation projects, the Pakistani government has established a special security unit, the official noted.
