CPEC most successful part of Belt & Road Initiative: Chinese envoy

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ISLAMABAD, Jun 26 (APP):Acting Chinese Ambassador Zhao Lijian Wednesday said China Pakistan Economic Corridor (CPEC) was the most successful part of Belt and Road Initiative (BRI) with 22 development projects and lauded Pakistan for ensuring its proper implementation.
Talking to APP here at the Institute of Strategic Studies Islamabad (ISSI), Zhao Lijian said CPEC was the pilot project under One Belt-One Road initiative of Chinese President Xi Jinping, which had a great potential of bringing prosperity in the region.
The ambassador said China’s foreign policy was a starting point for others to understand its principles focusing on co-existence of several cultures, non-interference with other states, and real international justice.
Professor Jin Canrong, Associate Dean School of International Studies, Renmin University, Beijing who was invited to deliver a lecture here at ISSI, spoke on China’s foreign policy under the 19th National Congress and its international relations in the 21st century.
Prof Jin said formerly an agriculture-based country, China at present had achieved the status of the world’s largest and comprehensive manufacturing industry targetting 100 per cent areas as compared to the 75 per cent by the United States.
He said the biggest change in China’s foreign policy was its acceptance of globalization and mentioned that President Xi Jinping’s trilogy of a ‘new China’ was based on the principles of survival, development and dignity, besides attaining economic and military efficiency.
He said Xi’s demand of shaping foreign policy was adopting a strategy with Chinese characteristics, such as becoming a world power from a regional power and from reactive approach diplomacy to proactive diplomacy.
He said China believed in a community with shared future, win-win international relations, a global partnership network and a better neighbouring diplomacy.
Prof Jin said China was focusing on the concept of ‘Asian security’ which meant a common, comprehensive and sustainable security to ensure co-existence.
“It is an Asian philosophy of sorting out an international issue in contrast with previous concept of resolving conflicts through wars,” he said.
About China’s foreign security challenges, Prof Jin said the country’s relations with the United States were witnessing a “very difficult and bumpy” period. He, however, stressed that the two countries needed to join hands for a new type of power relations.
“The US is a status quo power, while China no doubt is an emerging power,” he said.
He mentioned that all the global proposals by the US revolved around the phenomenon of security, however, China was more focused on development.
“One country always spending money, whereas the other one always seeking money. So in the long run, the situation is in favour of China,” he said.
He also mentioned China’s other foreign policy challenges, including Taiwan pro-separation issue, and relations with Veitnam, India and Japan.
He said China would keep communication open with India to invite it to join Belt and Road Initiative because infrastructure was the first step towards industrialization.
Prof Jin said China had raised the idea of Asian Infrastructure Investment Bank (AIIB) because it wanted a financial entity from its own perspective to complement the World Bank and Asian Development Bank, which did not have enough resources to support the developing countries.
New ISSI Director General Aizaz Chaudhry said China’s principle of global economy was very much relevant in today’s world. He seconded the notion that one should first put its own house in order and consolidate, and then talk with a tough stance.
Outgoing ISSI DG Ambassador Khalid Masood delivered the welcome address and spoke about the Pak-China relations.