The productivity of Pakistan’s industrial sector has slowed to a halt in the past due to power shortages. Furthermore, a lack of electric power does nothing to quell civil unrest in a country often beset by sectarian violence, widespread unemployment and a depressed economy.
Li, who assumed his current office in March 2013, called for the establishment of a China-Pakistan economic corridor, or a “handshake across the Himalayas.”
According to Reuters, there are several joint energy and infrastructure projects already in the works within Pakistan.
Trade between China and India reached a new high of more than $12 billion, according to a Reuters report. The two governments would like this figure to rise to $15 billion in the next few years.