by Zafar Hussain

 

BEIJING, May 28 (China Economic Net) - Pakistan Ambassador to China Moin ul Haque and Mr. Pan Gongsheng, Deputy Governor of the People’s Bank of China agreed on Thursday to strengthen cooperation with Pakistan in digital finance and cross-border e-commerce. 

 

During the meeting, the Deputy Governor appreciated bilateral financial cooperation between the central and commercial banks of Pakistan and China. He added that the People’s Bank of China would continue to further strengthen cooperation with Pakistan in existing and emerging areas such as digital finance and cross-border e-commerce to support the healthy development of trade and investment links between two countries, giving full play to the Pakistan-China All-Weather Strategic Cooperative Partnership.

 

 

Thanking Deputy Governor Pan for the warm welcome, Ambassador Moin Ul Haque underscored the vitality of Pakistan-China economic relations underpinned by the three mutually reinforcing pillars of bilateral cooperation in finance, trade, and CPEC. The Ambassador appreciated the key role played by the People’s Bank of China and Chinese financial institutions in enhancing Pakistan-China cooperation and realizing the consensus of the leadership of the two countries, especially for CPEC as a high-quality demonstration of the Belt and Road Initiative. 

 

The Ambassador and Deputy Governor noted that the 70th anniversary of the establishment of diplomatic relations was an excellent opportunity to consolidate bilateral financial and economic cooperation, and take it to an even higher level for the mutual benefit of both countries and peoples.