ISLAMABAD, Feb 19 (INP): China-Pakistan Economic Corridor (CPEC) is meant to build a strong and prosperous Pakistan, said Chinese ambassador Yao Jing. The CPEC is facing many challenges and the two sides are committed to overcome them through joint efforts, he said while addressing launching ceremony of a research report on ‘CPEC: Facts Vc. Fiction’ here on Monday. Chinese language classes, jointly arranged by the Pakistan-China-Institute and JS business Group was also launched on the occasion. Chairman Senate Mian Raza Rabbani was the chief guest at the ceremony that was well attended by some members of the Parliament, think-tanks, diplomats and businessmen. Yao Jing spoke high about the growing socio-economic relationship of the countries, and said this meets common aspirations of their people. The CPEC is mutually beneficial cooperative arrangement that was going on successfully. The two sides, he said wanted to exploit their available resources to undertake such projects that benefit the common man. The ambassador expressed his pleasure that the CPEC enjoys complete consensus of all segments of the society. Appreciating the launching of the Chinese classes, Yao Jing said language serves as vehicle to get closer to each other. It will also help improving understanding on matters of mutual interest as well as giving strength to their cultural ties. Main Raza Rabbani in his address spoke about evolving relationship of the two countries. It was Chairman Mao and shaheed Zulfiqar Ali Bhutto who had laid foundation of these relations that stood test of time. The CPEC, he said it is of strategic and economic importance and relates to the better future of the two countries. About the President Xi Jinping’s Belt and Road initiative, he said it is a major development in the 21st century and could be termed as Asia’s dream, ensuring welfare of the people by exploiting own existing resources through joint efforts. The event was also addressed by the chairman of Pak-China Institute senator Mushahid Hussain Syed who said the Sino-Pak historical relationship has entered into unique and unprecedented stage and is bringing huge benefits to the people in all sphere of life. Mr. Kamran Nasir, Chief Executive JS Global Capital Ltd highlighted on the occasion their business and investment activities giving support to CPEC. INP/AH