Deputy Prime Minister and Foreign Minister Ishaq Dar has said that there is no doubt that China is going to become the world’s largest economy, the time is not far when China will be the world’s economic superpower.
Addressing the International Conference on China’s Development and Global Leadership Journey in Islamabad, the Deputy Prime Minister said that China has set to become Economic Superpower & that the establishment of the People’s Republic of China is a revolutionary change in the history of the world, under the leadership of Chairman Mao and his revolutionary comrades, the Chinese people fought an unwavering war for freedom, dignity and self-respect.
He said that take some time and think that there is not much difference in the age of the two countries and the Pakistan model was included in the countries that China tried to follow in the beginning, leave this discussion for another time. What is wrong with this country?
Ishaq Dar added that countless nations are following China today. In the past 75 years, New China has taken an extraordinary path in every field of life, achieved unprecedented milestones and played its role in improving the world.
He said that in the last few decades, there has been a change and revolution in China at the speed of light, which is unbelievable, it is not possible for any country to reach this speed. The Honorable Ambassador has rightly said that China is the second largest economy in the world. I have no doubt that China is going to become the largest economy in the world. Not far when China will be the economic superpower of the world.
He said that under the visionary leadership of the Communist Party of China has not only overcome extreme poverty but also improved the quality of life of its citizens by laying the foundation of innovation in various fields of life.
He said that there was a time when China’s labor force was considered very cheap and many industries of Western nations were set up in China, but you will be surprised to know that in the last decade, the per capita income and standard of living in China have increased. The cost is very high and the labor force of Pakistan, Nepal and Bangladesh is much cheaper than China.
He said that this is the reason why in the last 6-7 years, the discussion of moving the industries with Chinese manpower started in these countries and Pakistan was the best alternative candidate for these countries, but it is a different discussion what to do with Pakistan happened but this is not so far that when China set to become Economic Superpower.