Abstract
Since Pakistan established diplomatic relations with China in 1950, it has always
maintained friendly bilateral cooperative relations and its all-round cooperation
has become increasingly sophisticated. Both countries have experienced a difficult
economic start, breakthrough difficulties, gradual development, and entered a
period of rapid development. At present, the international situation is changing
rapidly, the 5G era is rapidly approaching, the world economy has entered a period
of great adjustment and developing countries have encountered unprecedented
opportunities for development. Especially in 2013, when China launched the Belt
and Road, Pakistan played an important role, in 2019 the Belt and Road will open
a new chapter of economic development in south Asia, with connecting more than
10 different state nations. Therefore, Pakistan will seize the opportunity and take
advantage of all favorable factors to accelerate China-Pakistan cooperation in the
context of Belt and Road's macro-economic development Win-win policy. This
study examines Pakistan's strategic role in the Belt and Road initiative from both a
geopolitical and a market perspective.
Gao Xin, Yuan Bolan, Yin Bingquan, Tahir Ejaz. (2020) An Analysis of Pakistan's Macroeconomic Development Strategic Role in the Context of Belt and Road Initiative, Journal of the Research Society of Pakistan, Volume 57, Issue 1.
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