Dr Usman Chohan (Economist): Pakistan and World Bank have long history of bilateral partnership and engagement.  So, hopefully the newly announced partnership and engagement plan worth $ 20 billion will definitely prove to be a game changer for economic development of Pakistan. Debt to GDP rate has been major hurdle in the economic development of developing economies. In this regard, we need to lower this ratio for sustainable economic development. The governance systems in the world had been bipolar since Second World War. But now new international players are entering with full might in the global economic canvas. China is one of these leading global players who have shown miracles in the economic sectors and is offering new horizons of cooperation to the world.