日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China-India trade ties set to deepen

Xinhua | Updated: 2018-04-02 14:24
Share
Share - WeChat

NEW DELHI - The 11th meeting of the China-India Joint Group on Economic Relations, Trade, Science and Technology held here recently has brought in new opportunities for deepening bilateral economic and trade cooperation.

Trade has grown steadily over the past few years, providing mutual benefits to both countries.

Huge potential

China and India have a combined population of nearly 2.6 billion, accounting for over 35 percent of the world's population, and contribute about 20 percent of global GDP.

In sharp contrast, bilateral trade accounts for only a small proportion of the global total. Areas such as trade, investment, infrastructure, information technology, the Internet, cultural tourism, health care, and many other fields hold great potential for cooperation.

More importantly, the economies of both countries are highly complementary to each other.

For example, China can provide technology and financial support for India to build and improve upon its infrastructure, while India is strong in IT and pharmaceuticals.

China's private investment in India has grown steadily in recent years. With the transfer of some labor-intensive industries, more jobs have been created in India.

Boost in trade

China-India economic and trade cooperation have witnessed remarkable results.

The two countries have supported each other to ensure global trade remains multilateral while pushing for stronger regional economic integration. Together, India and China have made important contributions in the establishment of a new international economic order while safeguarding the interests of developing countries.

According to official figures from the Chinese Ministry of Commerce, China's trade with India reached a record high of $84.4 billion in 2017, up 20.3 percent from the previous year.

China remains India's largest trading partner.

Chinese companies have invested more than $8 billion in real investment, and Indian companies have increased their investment in China by an average of 18.5 percent over the past three years.

According to Sudheendra Kulkarni, the former chairman of think-tank Observer Research Foundation (Mumbai), economic and trade cooperation between China and India could soon top $100 billion.

Chinese smart phone makers have seen success in the Indian market, and it is expected that Chinese Internet companies could have a huge role to play in Prime Minister Narendra Modi's ambitious project "Digital India."

Promoting trust

Observers point out that China and India agree more than they disagree on a number of issues, and that has bolstered trust between the two giants.

At present, focus should be on mutual understanding rather than mutual suspicion.

At the 11th meeting of China-India Joint Group on Economic Relations, Trade, Science and Technology which was held on Monday, both sides agreed to work together on China's Belt and Road Initiative, the "Make in India" movement, and the "Digital India" project.

The two sides further decided to address their trade imbalance and expand investment.

Recently, a Chinese trade delegation visited India. During the visit, Chinese and Indian companies signed as many as 101 trade agreements with a total contract value of $2.38 billion, covering black tea, castor oil, peppermint oil, coconut fiber, coffee beans and other products.

The agreements not only illustrate China's determination to further open up to the world, but also reflect the country's great interest in the Indian market.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 成人毛片视频在线观看 | 李宗瑞国产福利视频一区 | 电影长安道无删减免费看 | 国产精品美女网站在线看 | 精品国产一区二区三区久久久久久 | 91精选 | 草综合 | 免费精品美女久久久久久久久久 | 99最新地址| 免费福利视频在线观看 | 国产色在线 | 欧美高清视频一区 | 毛片啪啪啪 | 精品亚洲国产成av人片传媒 | 国产福利视频一区二区 | 鲁一鲁影院 | 日本私人色多多 | 日本美女毛茸茸 | 欧美综合视频 | 成人午夜视频在线观看 | 精品视频| 天干夜天天夜天干天 | 欧美激情视频网 | 偷拍自拍视频网 | 日本中文字幕网站 | 欧美午夜影院 | 成人影院欧美大片免费看 | 2021国产精品 | 精品亚洲欧美高清不卡高清 | 免费无码毛片一区二区A片 成人18网站 | 亚洲最黄网站 | 99久久视频 | 国产欧美精品午夜在线播放 | 99亚洲精品 | 欧美一区在线观看视频 | 国产激爽大片高清在线观看 | 伊人久久电影网 | 免费观看一级特黄欧美大片 | 91福利精品老师国产自产在线 | 亚洲精选一区 | 日韩在线观看视频一区二区三区 |