Pakistan's Economic Rise: Drawing Inspiration from China's Remarkable GDP Growth -

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Pakistan's Economic Rise: Drawing Inspiration from China's Remarkable GDP Growth

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March 14, 2024

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China’s recent “two sessions” have sparked global interest as they unveil plans for transitioning from traditional to high-quality economic development models, as reported by WealthPK.

China’s rapid transformation into an economic powerhouse has attracted attention worldwide, including from Pakistan, which seeks to learn from China’s success to drive its own economic growth.

China’s remarkable economic journey, characterized by consistent GDP growth rates, has inspired Pakistan to explore similar strategies to improve its economic outlook.

Massive infrastructure investments have been a cornerstone of China’s economic success, totaling $2.8 trillion from 2011 to 2016, according to World Bank data.

Executive Director of Pakistan Research Center for a Community with Shared Future (PRCCSF), Khalid Taimoor Akram, highlighted the importance of infrastructure development for Pakistan, mirroring China’s approach.

He stressed Pakistan’s interest in emulating China’s strategic global trade approach, aiming to diversify its economy and strengthen trade relations beyond its immediate borders.

China’s modernization serves as a model for developing nations like Pakistan, offering opportunities for growth and prosperity through strategic economic planning and trade expansion.