Explanation

CPEC focused on developing transportation infrastructure.

This includes roads, railways, and ports to improve connectivity between China and Pakistan.

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

CPEC has invested significantly in power generation.

Approximately $33 billion has been allocated to enhance Pakistan's energy infrastructure.

Explanation

The China-Pakistan Economic Corridor (CPEC) is a series of energy and infrastructure

projects, some of which connect China’s Xinjiang to Gwadar.

Initiated in mid-2013 and formally launched in April 2015.

CPEC is generally described as a $46 billion package of Chinese aid.

Explanation

A three-day business conference on China Pakistan Economic Corridor (CPEC) Central Asia organised by the Rawalpindi Chamber of Commerce and Industry (RCCI) will be held in Gwadar from Nov 16 to 18, 2020 ; the conference has been organized to deliberate investment opportunities and trade ties with Central Asian countries.

Explanation

The recent economic plan between China and Pakistan is CPEC (China-Pakistan Economic Corridor).

It was launched on April 20, 2015, with a $46 billion value.

It is a major infrastructure project aimed at enhancing connectivity and economic cooperation between China and Pakistan.

It serves as a framework for regional connectivity and economic rationalization in a globalized world.

Explanation

A three-day business conference on China Pakistan Economic Corridor (CPEC) Central Asia organised by Rawalpindi Chamber of Commerce and Industry (RCCI) will be held in Gwadar from Nov 16 to 18, 2020 ; the conference has been organized to deliberate investment opportunities and trade ties with Central Asian countries.

Explanation

From the initial project, the scope has expanded from a net worth of $46 billion to $60 billion according to some sources.

CPEC is seen as the main plank of China's paramount leader Xi Jinping's Belt and Road Initiative.

Explanation

The CPEC special economic zones include food processing, cooking oil, ceramics, gems and jewellery, marble, minerals, agriculture machinery, iron and steel, motorbike assembling, electrical appliances and automobile

Explanation

Federal Minister for Defense Pervez Khattak said on November 1, 2020 Prime Minister Imran Khan would launch work on the Rashakai ‘China-Pakistan Economic Corridor (CPEC) City’ November 18, 2020.