Chinese Amb. Jing speaks up on Joint GREF-UMT Webinar

Lahore, 30th July 2020: The first session of the annual webinar on “Shared Economic Recovery”, a conversational series involving international experts, took place in collaboration with Golden Ring Economic Forum (GREF) and University of Management and Technology (UMT), Lahore.

Golden Ring Economic Forum was initiated in 2010. The basic idea is to share economic goals, create harmony, and device an action plan where member countries can take advantage of the knowledge and expertise attained by other member countries.

Joint GREF-UMT Webinar on Shared Economic Recovery

The interactive session was graced by:

H.E. Yao Jing | Chair and Chief Guest, Ambassador of the People’s Republic of China
Chen Jiancheng | CHAIRMAN & CEO Beijing Sky Century Information Technology Co. Ltd.
Amb. (R) Masood Khalid | Former Ambassador of Pakistan to China
Almas Hyder | Chairman, Engineering Development Board, Govt. of Pakistan
Dr. Ahsan Abbas | Sr. Research Fellow, Center for Excellence for CEPEC, PIDE, Islamabad

Pakistan and China have a long history of friendly relationship and cooperation. The citizens of both countries enjoy the brotherly feeling and easily work together. The governments have strong bilateral ties and keenly work together on mega projects.

GREF, Economic Recovery and COVID-19

The Chinese Ambassador feels an open-minded mutual relation between countries would help develop business and bring huge economic benefits. He hinted that there are countries like the USA who have hidden political agendas because of which they work covertly to damage such cooperation hence proving negative for the world economy.

Pakistan has been working with China in CPEC, which is the game changer and many Chinese companies are working. The Chinese interest is not only in the retail sector for their product but also in investing in production facilities in Pakistan, and developing warehousing solutions so that CPEC could turn into the next phase.

Golden Ring Economic Forum to kick off from 29th July

Pakistan and China are working closely in the power sector and telecommunication. Two new Hydropower projects are being worked out by China and Pakistan which will fulfill Pakistan’s energy needs.

This would result in infrastructure development and also the generation of employment opportunities and improvement in the living standard of the people. Great times are destined to follow as this ominous plan unfolds with success.

Stay tuned to Baaghi TV for more updates!

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