The pacts were signed in the presence of Pakistan Prime Minister Nawaz Sharif and Chinese Premier Li Keqiang ahead of the much-publicised Belt and Road (B&R) Forum beginning tomorrow.
The pacts deal with increasing bilateral cooperation within the framework of China's ambitious Silk Road project, upgrading the main railway track between Karachi and Peshawar - referred to as ML-1 or Main Line-1, and an MoU for the establishment of a dry port in Havelian, Radio Pakistan reported.
Sharif, the only head of government to be represented at the B&R summit, is leading perhaps the largest delegation to Beijing - four chief ministers and five federal ministers.
After the MoUs and agreements were signed, Chinese President Xi Jinping told Sharif that the bilateral ties remain "a priority for China" and Beijing was willing to enrich the "all-weather" strategic and cooperative partnership with Pakistan.
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The deep-water port and the CPEC is of significance to China as they together facilitate Beijing's access to the Arabian Sea and resultantly links it with Eurasia and Africa.
The Gwadar port opposite the Mumbai's port housing the Indian Navy's western naval command provides a berth for China in the Arabian Sea and to the Indian Ocean.
India opposes the CPEC as it runs through the Pakistan- Occupied Kashmir. In the last few days, China tried to assuage India's feelings by asserting that the commercial corridor will not have any impact on its stand that the Kashmir issue should be settled by India and Pakistan through dialogue.
But India is not attending the high-profile B&R summit. It worries over a 3,000-km-long project connecting the Gwadar port and Xinjiang stem from the fact Gwadar, which was taken over by the Chinese, will become a future naval base.
The two countries should not only continue high-level exchanges, but increase interactions between governments, legislative bodies and political parties, Xi was quoted as saying by China's state-run Xinhua news agency.
He said the two countries should strengthen cooperation on areas including anti-terrorism and security, and enhance coordination on major international and regional affairs.
Xi said China wants to deepen cooperation with Pakistan under the framework of the Shanghai Cooperation Organisation.
Pakistan is willing to work with China in actively implementing various projects related to the CPEC and steadily pushing forward the cooperation on energy and infrastructure construction, including the Gwadar port project, he said.
"Pakistan fully supports China's vision of the Belt and Road Forum," Sharif said at a separate meeting with Premier Li.
He reaffirmed Pakistan's commitment for the completion of early results under the CPEC.
Pakistan's Minister for Planning and Development Ahsan Iqbal, who is incharge of the CPEC, meanwhile told state-run APP that on the agenda of Sharif's visit to Beijing also included deals to build an airport and expressway in Gwadar.