The Impact of the CEPC on Social Welfare in Pakistan

Abstract

The China-Pakistan Economic Corridor is a game-changing project signed between China and Pakistan. The corridor provides economic opportunities for the people of Pakistan. This study uses a qualitative approach to explore the short-term impact of the China-Pakistan Economic Corridor project on the social welfare of the Pakistani population in the context of local people's education, health and housing. Furthermore, it is found that by 2020, Balochistan is the province with the fastest increase in social welfare in Pakistan, while Punjab is the province with the slowest increase. From the perspective of three welfare dimensions, housing has increased by 8.6%, followed by medical care by 4.74% and education by 3.85%. Finally, it is concluded that the smooth implementation of the China-Pakistan Economic Corridor has greatly increased social welfare in Pakistan.