China enhances it's support to Pakistan for industrialization under CPEC.
BEIJING -- China's efforts to help Pakistan build the CPEC and SEZs are all aimed at helping Pakistan realize industrialization and modernization. According to a report published by China Economic Net, the construction of SEZs is the enrichment and development of the CPEC Recently, three new Special Economic Zones (SEZs) are formally approved by the Board of Approvals (BOA), taking the total number to 20. CEN's Special Commentator Prof. Cheng Xizhong in his analysis said that SEZs will enhance the production and export capacity of industrial products. Secondly, it will introduce foreign capital, advanced technology and management experience. Thirdly, it will create a large number of employment opportunities. Fourthly, it will accelerate the economic development of specific regions and form a new industrial structure and social-economic structure, which will drive the economic development of the whole country. According to Prof. Cheng, during the four decades of reform and opening up, China has
accumulated a lot of successful experience in the construction of SEZs. There are three...
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