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XINHUA-PAKISTAN SERVICE

Chinese Bank working on long-term plan supporting Pakistan: Gwadar ProBreaking

January 02, 2020

ISLAMABAD, January 2 (INP): China Development Bank made the Long Term Plan for China-Pakistan Economic Corridor on behalf of the government of China, listing planned particulars for numerous opportunities of collaboration and venture including agriculture.

Of all the fields of cooperation in agricultural growth and poverty reduction, the chief ones are escalation and advancement of agricultural infrastructure.

According to the Long Term Plan, both parties will improve the building of water assets and water saving methods, and yielding terrain of medium and low quality will be remediated to fully reach utilization of assets.

Besides, technological barter and collaboration in the areas such as harvest seed renewal, livestock and poultry breeding, breeding and production expertise, agricultural goods transform, animal & plant pandemic preclusion & control, mechanization and ICT in agriculture will be upgraded.

It is also planned to improve the deep processing industry, stockpile and shipping, sophisticated advertising and trade forms of agro-products.

Pakistan and China will combine efforts to tackle with problems including flood, desertification and overgrazing. To advance in agricultural performance, it is the production of pesticides, fertilizers and equipment that matters.

What is more, the farmers will have chance to study agricultural theory and skills. Cooperation in fisheries, horticulture and livestock medication and vaccination is also one of the main fields enclosed in the Long Term Plan. Specially, China intends to build up some phases of the value chain, and measures will be taken to better manage pre harvest actions.

On top of that, to achieve yield improvement, agricultural actions will be updated by directing agriculturists on agricultural mechanization.

A leasing center will be built in Punjab to advance drip irrigation under plastic film and further water saving agricultural methods. Sheltered farming will also be introduced to boost agricultural output.

A plant and animal disease prevention and control system is planned to set up in Faisalabad and Lahore to reinforce Research & Development in vision of the present cotton leaf roll virus and other plant viral infections.

Post yield activities, as well as stockpile, shipping and agricultural processing will also be improved. Depot and logistics services in Islamabad and Lahore will be improved to build up a stockpile and logistics set-up linking cities and wrapping the region within the China Pakistan Economic Corridor.

To develop agricultural processing capability, up-to-the-minute agricultural goods processing machines and services will be supplied to the processing entities. It is also planned to build up agricultural trade points around Islamabad and Lahore to make a processing base by global standards.

The procedures mentioned above will make breakthrough when it comes to post-harvest conduct and processing of agriculture.

The Belt and Road Initiative(B&R) is a fundamental element of China’s "Go globally" strategy. Initiated by President Xi Jinping in 2013, it delivers tangible benefits to over 65 states.

The plan’s focal point is to structure a international infrastructure set-up by enhancing and making business paths, connections and trade prospects with China through 2 major routes, the 21st-century Maritime Silk Road and the Silk Road Economic Belt.

Both Pakistan and China could benefit from the CPEC, for China may benefit from the low expenditure manufacture assets presented in Pakistan, and Pakistan may gain advantage from the machinery, expertise and investment form China, reports Gwadar Pro App.

INP/javed