China-Pakistan Economic Corridor (CPEC) has initiated as a mega project by China and Pakistan to benefit economic growth and free trade. CPEC is in the initial stage, and policymakers and government officials consider CPEC as a “game-changer” for both the countries, as, potentially, it will generate numerous business and employment opportunities for local citizens as well as international outreach. Recently, a plethora of research has discussed both the macro as well as micro level advantages of CPEC, but has only been focused theoretically due to the emerging term. How beneficial the CPEC for a local community, and how it is perceived by the local people is not yet discussed by prior studies. This research fills the gap and examines the potential benefits of CPEC for local citizens of Pakistan. A mixed method approach was adopted to collect the data, as survey through structured questionnaire was conducted with a total of 445 citizens (323 male and 122 female), and a face-to-face interview with 32 citizens (28 male and four female) from the communities living along the CPEC routes. The findings show that, through the development of CPEC, local citizens perceive significant improvement in their lives, particularly the quality of life, better employment opportunities, and poverty reduction, while they have an insignificant perception about environmental protection and quality of education. This research recommends policy makers to build new educational institutions, encourage investors to invest in the industrial sector, and formulate environmental strategies to unleash maximum benefits of CPEC. Moreover, government official and policy makers may create awareness of CPEC projects and their benefits among the communities to get their support.

China-Pakistan Economic Corridor (CPEC) has become a "game-changer" not only for policymakers but also for common citizens of China and Pakistan because of its potential benefits in the economic prosperity and sustainable development in the lives of individuals. Recently, scholars have shown a great interest in researching the eminence of CPEC. Despite prodigious efforts of scholars, the question "how CPEC would influence living standards of rural women and what they perceive?" has been remained unanswered. The present study is the first attempt to unearth the perceptions of rural areas' women towards CPEC. We collected empirical evidence through a structured questionnaire from 302 educated rural women and interviewing 32 uneducated rural women. The following major conclusions are drawn through structural equation modeling via AMOS 21: the rural women significantly directly perceive new opportunities through CPEC; however, they perceive that the CPEC would not directly influence their quality of life and self-enhancement, but through the development of these rural areas. Rural development partially mediates the relationship between CPEC development and perceived opportunities while it fully mediates the relationships between CPEC development and quality of life as well as between CPEC development and self-enhancement. Policymakers need to emphasize on development of rural areas that would improve living standards of poor communities. The government needs to meet the expectations of poor communities and rural women to ensure their sustainable development.