Pakistan and China want to initiate various development projects relevant to the competitive digital economy under the China-Pakistan Economic Corridor (CPEC) Phase-II. Both countries explored future ventures in digital economy transformation under the CPEC, recognizing Pakistan’s significant potential for growth in this sector.
For this purpose, the Chinese company Huawei wants to collaborate with Pakistan in the field of digital economy. Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. It is projected that developed economies will witness a significant surge in their Gross Domestic Product (GDP) stemming from digital advancements.
