China's new development paradigm to ensure global security, trade: Mushahid.

ISLAMABAD -- Chairman of the Senate Defence Committee and founder chairman of the Pakistan-China Institute, Senator Mushahid Hussain Sayed on Saturday said the Chinese model of inclusive and participatory economic growth was a path to modernization featuring globalization and multilateralism based on shared common security for every single country and the regions.

Pakistan is a major beneficiary of China's new development paradigm that has no aggressive plans against any country, Senator Mushahid Hussain Sayed said at the seminar titled 'China for a new security, connectivity and trade paradigm' organized by the Development Communications Network (Devcom-Pakistan) in collaboration with the China Study Centre, Comsats University Islamabad Campus, a news release said.

Sayed said Pakistan's bureaucratic hurdles and political instability are the main reasons for slow-paced progress on the CPEC initiatives. Pakistan shall act fast before it's too late. All stakeholders shall play their role in expediting the progress of CPEC.

The Research and Media Fellow at the Centre for China and Globalization (Beijing) Zoon Ahmed Khan chaired the seminar.

The guest speakers included Ambassador (retd) Naghmana Hashmi, the University of Peshawar Pro-Vice Chancellor Dr Zahid Anwar, NUST China Study Centre Director Ms Xian Yang, Bahria University Assistant Prof. Dr Hassan Daud But, Comsats University China Study Centre Director Dr Tahir Mumtaz Awan, and Devcom-Pakistan Executive Director Munir Ahmed.

Zoon Ahmed Khan said China's development is human-centric which has transformed the Chinese society to become very productive. Now the GDP growth is exemplary with no person below the poverty line. Every village in China has its own solutions to the problems.

The state has provided every possible opportunity for its people to go prosperous and promote itself to the next level. Small and micro enterprises changed the lives of people while China's peaceful economic progress has provided ample opportunities for every nation to freely trade. Young people have worked hard to change the face of China.

Ambassador (retd) Naghmana Hashmi said: The intensification of Sino-American competition currently forms the most important instance of great-power competition which has the potential of becoming a major conflict engulfing the entire world. It has added to the uncertainty, instability and chaos in the already worrying and unpredictable flux in the world order prevalent these...

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