New phase of CPEC: No Tolerance for Corruption, Incompetence or Inadequacy says PM Shehbaz
Saad khan 
Islamabad: Prime Minister Shehbaz Sharif is in China to boost economic ties and attract investments. He's discussing important projects and stressing that corruption, incompetence, & inadequacy won't be tolerated, especially as CPEC enters a new phase for Pakistan's development.
According to sources, Pakistan is hoping to attract investments in the oil, gas, mining, and IT sectors. This visit is expected to yield substantial economic benefits, reinforcing Pakistan's economic stability and growth.
Upon his arrival, Prime Minister Shehbaz Sharif was warmly welcomed by senior Chinese officials. During his stay, he is scheduled to meet with Chinese President Xi Jinping and Premier Li Keqiang, among other top officials. These meetings are anticipated to further strengthen the Pak-China economic corridor. Pakistan's Ambassador to China, Moin-ul-Haq, and other senior officials have accompanied the Prime Minister. The discussions will focus on various key projects and economic cooperation between the two countries.
Prime Minister Shehbaz Sharif has emphasized the need for enhancing economic ties and exploring new avenues for investment. He is particularly keen on securing Chinese investments in Pakistan's Special Economic Zones (SEZs) and infrastructure projects.
It is expected that significant agreements will be signed during this visit, which will lead to increased economic activity and job creation in Pakistan. The Prime Minister is also expected to meet with Chinese business leaders and investors to encourage them to invest in Pakistan. This visit holds great importance for Pakistan, especially in the current economic climate. It is hoped that the outcomes of these meetings will lead to greater economic stability and growth for Pakistan.
Prime Minister Shehbaz Sharif's visit is part of Pakistan's broader strategy to attract foreign investments and strengthen its economic ties with key global partners. This move is seen as a step towards ensuring sustainable economic development and prosperity for the nation.
In his previous meetings with Chinese officials, Prime Minister Shehbaz Sharif has highlighted Pakistan's commitment to providing a conducive environment for foreign investors. He assured that the government is taking all necessary steps to facilitate investment and economic growth. The Prime Minister is also expected to discuss regional security and other bilateral issues during his visit.
This visit is anticipated to pave the way for further cooperation between Pakistan and China, especially in areas of mutual interest. Overall, this visit is seen as a critical step towards enhancing Pakistan's economic prospects and securing vital investments in key sectors. The government remains optimistic about the positive outcomes of these discussions and the potential for significant economic gains.
