Pakistan is the best place to invest in given its geographical location and lands full of natural resources, said Prime Minister Nawaz Sharif today.

The country can stand out in the gloomy global economic situation with headwinds from China and the US, if it continues with "reforms and responsible economic planning", Finance Minister Arun Jaitley on Friday said, expressing confidence the country will prove its resilience.

China's economy is on track and the country has entered a phase of steady rather than speedy growth, China Vice-President Li Yuanchao said.