{
  "id": 11086870,
  "title": "Pakistan, China entering new phase of CPEC: PM",
  "url": "https://urgent.news/2026/10/01/pakistan-china-entering-new-phase-of-cpec-pm",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-01T01:59:23.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40442085/pakistan-china-entering-new-phase-of-cpec-pm"
  },
  "original_language": "en",
  "account": "Prime Minister Shehbaz Sharif announced on Wednesday that Pakistan and China are embarking on a new chapter of the China-Pakistan Economic Corridor (CPEC), shifting the emphasis to industrialization, special economic zones, IT and artificial intelligence, agriculture, and mining and minerals. Addressing a function marking the 77th anniversary of China's founding, the prime minister highlighted CPEC 2.0 as a testament to the two nations' shared dedication to fostering a prosperous and developed future for their citizens. \"CPEC stands as a testament to our enduring friendship and our shared commitment to a more prosperous and developed future for our people,\" Sharif stated, emphasizing that Pakistan had now entered the subsequent phase of the flagship economic collaboration project. He elaborated that special attention would be directed towards industrialization, special economic zones, IT and artificial intelligence, agriculture, mining and minerals under the new phase. Sharif deemed 2026 a year of particular importance, as both countries commemorate the 75th anniversary of their diplomatic relations. He noted that Pakistan-China ties have remained resilient throughout various trials, including natural disasters. \"Our hearts beat together,\" Sharif remarked, describing their relationship as a friendship that has endured over time. He also extended his congratulations to Chinese President Xi Jinping and the Chinese populace on the occasion, acknowledging China's role in promoting global peace, stability, and development. He highlighted China's advancements in human development, science, technology, and innovation under President Xi's leadership. Sharif described Pakistan-China relations as a cornerstone of Pakistan's foreign policy. He cited his meeting with President Xi in May, noting their discussions signified a renewed commitment to the longstanding friendship between the two nations. Sharif reiterated Pakistan's unwavering commitment to implementing the agreements reached between the leadership of the two countries. Drawing from a Chinese proverb, he likened the friendship between Pakistan and China to a sincere friend in a distant land, making that distant land feel close. Chinese Ambassador Jiang Zaidong, who also spoke at the ceremony, referred to Pakistan and China as \"all-weather strategic cooperative partners.\" He praised Pakistan's role in international affairs, citing its principled stance, broad global vision, and diplomatic insight. He also highlighted Pakistan's support for multilateralism and international cooperation, emphasizing its role in maintaining peace and security in the region and beyond. Jiang referenced Prime Minister Sharif's address to the 81st session of the United Nations General Assembly, praising Pakistan's defense of its national interests and its position on international and regional issues. He stated that Pakistan's stance had been well-received by the international community.",
  "summary": "ISLAMABAD: Prime Minister Shehbaz Sharif said on Wednesday that Pakistan and China are entering a new phase of the China-Pakistan Economic Corridor (CPEC), shifting the focus to industrialisation, special economic zones, IT and artificial intelligence, agriculture, and mining and minerals. Speaking at a function in connection with the 77th anniversary of the founding of China, being celebrated…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}