A major policy dialogue held in Islamabad has outlined a comprehensive roadmap for CPEC 2.0, presenting it as a transformative platform for deepening the Pakistan-China partnership in an increasingly complex geo-economic environment. Organized by the Center for Policy Research at Beaconhouse National University in collaboration with the Understanding China Forum, the high-level event gathered diplomats, academics, security analysts, and policymakers to explore how Pakistan can harness regional connectivity and navigate shifting global power structures.
Launching a new phase of cooperation
China’s Ambassador to Pakistan, Jiang Zaidong, delivered the keynote address and formally announced the start of CPEC 2.0. He highlighted the achievements of the corridor’s first phase, noting that more than 25.93 billion US dollars have been invested so far, leading to over 8,000 megawatts of power addition and the creation of around 261,000 jobs.
Ambassador Jiang also unveiled major new industrial initiatives, including a 400 million US dollar Haier appliance park and a 150 million US dollar textile park by the Challenge Group. These ventures, he said, reflect China’s commitment to supporting Pakistan’s industrial modernization and strengthening the economic foundations of the bilateral partnership.
Building a stronger economic model
Throughout the dialogue, experts stressed that Pakistan must focus on establishing predictable regulatory frameworks to attract long-term investment. They argued that economic growth under CPEC 2.0 must be more inclusive, offering opportunities for small businesses, local communities, and the youth.
Panelists also encouraged Pakistan to shift toward a private sector-driven model to improve productivity and competitiveness. They emphasized that sustainable success in this new phase will depend on enhancing local capacity, improving governance, and fostering innovation within key industries.
Addressing emerging challenges
Participants acknowledged that Pakistan faces a range of challenges in maximizing the potential of CPEC 2.0. Among the concerns raised were information warfare, regional instability, and the evolving nature of great power competition.
Experts highlighted the importance of strengthening Pakistan’s ability to counter misperceptions about CPEC and communicate its long term benefits effectively. They also noted that modernization of institutions, infrastructure, and security frameworks is essential for maintaining steady progress.
Expanding regional and maritime connectivity
Another key theme was the importance of maritime routes and regional cooperation. Speakers underscored that Gwadar Port remains a central pillar of Pakistan’s long term economic vision and that improved maritime logistics can help integrate Pakistan more deeply into global trade.
Furthermore, the dialogue explored the growing significance of the Shanghai Cooperation Organization and its potential role in strengthening regional economic networks. Greater cooperation with SCO member states, participants argued, can help Pakistan diversify its trade partners and reinforce its role as a bridge between South Asia, Central Asia, and China.
Strengthening community engagement
Community engagement was identified as another critical element of CPEC 2.0. Experts stressed that for the corridor’s benefits to reach citizens at the grassroots level, local participation must be enhanced throughout planning and implementation.
They emphasized that inclusive development can help build public support, reduce misunderstandings, and ensure that projects meet the real needs of communities.
A vision aligned with a changing global order
As Pakistan and China approach the 75th anniversary of their diplomatic relationship, participants agreed that CPEC 2.0 presents a pivotal opportunity to reshape Pakistan’s place in an emerging multipolar world. With economic power shifting across regions and global alliances evolving, the corridor provides Pakistan with a unique platform to expand its strategic relevance and strengthen its economic resilience.
The policy dialogue concluded with a shared understanding that CPEC 2.0 is more than an economic initiative. It is a long term vision for regional connectivity, social development, technological advancement, and mutual prosperity.
