Source:Xinhua Five years after its launch, the China-Pakistan Economic Corridor (CPEC) has achieved magnificent results that help lay a solid infrastructure foundation for Pakistan's economic development. Under the long-term and systematic framework of CPEC, several projects in areas of energy, transportation infrastructure and port construction have been completed. The unprecedented CPEC projects are changing Pakistan's business and economic landscape and facilitating them with basic requirements, which has helped the country improve its international credibility and increase its economic growth rate to 5.8 percent in the fiscal 2018 from the previous year's 3.8 percent, according to official figures. Former Prime Minister Shahid Khaqan Abbasi, who recently concluded his tenure, said last month that CPEC and cooperation with China have helped Pakistan emerge as a rising economy in the world. The project under CPEC would accelerate economic development and furth
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