Overview

• Planning Minister Ahsan Iqbal departed for Beijing to attend the 14th JCC on September 26 to finalise the implementation strategy for the 2025–29 Action Plan.
• Prime Minister Shehbaz Sharif warned ministries of strict action over any slippage and called CPEC Phase‑II the country's last chance to benefit from Chinese expertise.
• Roughly $8.5 billion in MoUs were signed at the September 4 Pakistan‑China B2B conference in Beijing, which officials say must be converted into binding joint ventures.
• Phase‑II priorities include agriculture, Special Economic Zones, mines and minerals, modern technology, green energy, and upgrades to the Karakoram Highway.
• Officials highlight about $33 billion delivered in Phase‑I projects and say Phase‑II will be aligned with the government's Uraan Pakistan development framework.