Abstract
In this paper, the authors have identified the priority industries and sectors, which could be given special incentive
to re-locate in the new Special economic Zones (SEZ) under the umbrella of CPEC project. This research study
finds out the strengthen sectors and products of BRI Economies in which China has high potential and is highly
integrated with BRI Economies. This research study also finds out the sectors in which Pakistan and other BRI
economies have low cost of production/Manufacturing clusters. The study also focused on reasons and strategies
which the 7 selected BRI countries (China, India, Bangladesh, Kenya, Sri Lanka, Zambia and Ghana) have adapted
to improve their trade1
. The methodology identifies these industries through a quantitative analysis, utilizing the
international available trade statistics. The value preposition for the relocation of the Chinese industries is also
inherently included in the quantitative analysis. The Analysis focused towards the identification of the commonality
of Chinese trade with Pakistan and with the other selected BRI countries. Thirdly, the analysis focused on
identification of Trade potential between China Pakistan and selected BRI countries. This work is a decisional
methodology, the requirement of research and the availability and accuracy of the dataset dictates this
methodology, the novelty of this work is the identifying the sectors and products in which China can relocate its
industries in BRI economies and also the product of Interest at an HS level 6 and subsequent selection of the
industries for relocation u
Noor Asfia, Hafiz Amir Shahzad, Khadija Gull, Amer Zaib. (2021) Sustainable Economic Development and Industrial Relocation under the BRI-Initiative: A case of CPEC, Journal of the Research Society of Pakistan, Volume-58, Issue-1.
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