CPEC reached a phase of implementation in "all round way," Chinese Foreign Ministry spokesperson Hua Chunying told a media briefing here, adding that Beijing would like to work with Pakistan to strive for "more progress and deliver tangible benefits" to the two sides at an early date.
A sound mechanism has been put in place by both the countries for the project to move ahead, she said.
"It targets no third country and we strongly believe that this Corridor will work for connectivity, regional peace and development," she said.
"Our position on Kashmir issue is consistent. This issue is left-over from history between India and Pakistan. It needs to be resolved between India and Pakistan through consultation.
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"Our position on the building of CPEC will not affect our stand on Kashmir issue," she said reacting to Pakistan Prime Minister Nawaz Sharif's comments that the project not only has economic value but also strategic importance with far reaching significance.
A Chinese scholar of an official think tank attached to the Chinese foreign ministry had even warned that China may militarily get involved and take joint steps with Pakistan if "Indian factor" is found in disrupting the corridor.
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