The development of the friendship between Pakistan and China was in the principle interest of both countries as well as in the interest of regional peace and security.This was stated by Minister of Asia Department of the Chinese Ministry of Foreign Affairs Hu Zhengyue while inaugurating a day-long seminar on Pakistan-China Relations in the 21st Century organized by Pakistan Embassy here on Thursday.Prominent scholars and intellectuals from leading think-tanks and research institutes from Pakistan and China participated in the seminar. The seminar was attended by over 165 participants, which included students from the China Foreign Affairs University, Tsinghua and Peking Universities; faculty and trainees of the Natonal Defence University; corporate executives and Chinese officials and diplomats. Hu described Pakistan and China as good friends, good brothers, good partners and good neighbours. He said that at a time when the world was undergoing major transformation and new found security threats there was a need for Pakistan and China to work together to jointly face these challenges. The Chief Guest from Pakistan, Inamul-Haque, former Foreign Minister, said that Pakistan-China bilateral relations were an example for the world. They were based on mutual trust and mutual interest. China had always stood by Pakistan in difficult times and Chinas presence was a stabilizing influence in the region. Dr. Ishrat Hussain, former Governor of the State Bank of Pakistan and Dean of IBA, said that Pakistan- China economic relations had immense potential that must be realized through enhancement in investment flows and increased trade. Ambassador Masood Khan, of Pakistan, in his opening remarks, said that Pakistan-China relations were strong and resilient thanks to the wisdom and foresight of our leaders and skilful management of these relations over the decades. He spoke of the dividends yielded by the relationship including soft power, strategic partnership growing economic relations and people-to people contact. Khan stressed the importance of the role of the young generation of both countries in carrying this unique friendship to new heights. Due to large number of participants, the seminar was divided in two sessions. The morning session was devoted to Pakistan-China Relations. It was chaired by Inam-ul-Haque while Professor Li Xiguang of Tsinghua University chaired the afternoon session that focused on regional security issues. Eleven speakers in all spoke at the seminar. They included Professor Zhang Guihong from Fudan University, Professor Chen Jidong from Sichuan University, Fazl-ur-Rahman from the Institute of Strategic Studies, Islamabad, Professor Wen Fude from Sichuan University, Rong Ying from the China Institute of International Studies, Professor Zhang Li from Sichuan University, Hua Han from Peking University, Ye Hailin from the Chinese Academy of Social Sciences and Dai Jian from the Foundation for International Strategic Studies.