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In the first half of 2018, 2.8 billion Chinese traveled domestically, up by 11.4 percent year on year.

Noting that CPEC is an iconic project of bilateral economic cooperation and an important part of the Belt and Road Initiative, Khan said Pakistan stands ready to work with China on CPEC.

"It was a hard lesson from recent history," said the ambassador, referring to the seclusive and closed-door policies China adopted during the Qing Dynasty which led to its backwardness and ultimately aggression by foreign powers.

"The evaluation targets not only the performance of expenditure, but also the performance of revenue and fiscal policies," said Wang Zecai, a researcher at Chinese Academy of Fiscal Sciences.

"Over the past 40 years, we have worked hard and forged ahead successfully along a path of socialism with Chinese characteristics," Wang said, adding the path has brought fundamental changes to China and has provided the world with opportunities for common development.