Second Phase of China-Pakistan Free Trade Deal in Effect

China is the biggest Economy in the world and as well as big trading hub for Asian countries. In this paper we will study about targeting exports and Imports countries form the Whole world for Pakistan and China. How CPEC it will be more successful for both countries Pakistan and China. Because CPEC is a short way and the most important benefit for China under CPEC is to reduce China's trade routes from the existing sea routes from 12,000 kilometers to 2,000 kilometers. It is expected that the domestic trade between Pakistan and China will undergo major changes. And also reduce the total expensive of actual price of transportation. In this paper we study about the second phase of free trade agreement (FTA) which will be more bilateral trade and its benefits for both countries businessman to selling product in china and Pakistan. China has granted Pakistan to imports 783 duty free products without tariff lines that do not impose zero percent tariffs in CPFTA-l. And in this new phase CPFTA-ll Pakistani manufacturers and traders will be able to export about 313 new products to the Chinese market without tariffs. In this research we contain the latest international trade data for China and Pakistan including service trade data, and tariffs