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Cooperation between India and China

2010. 19 January

(pib.nic.in) Shri Anand Sharma, Minister of Commerce & Industry, during his meeting with the Party Secretary of Shanghai Mr. Yu Zhengsheng last evening, has said that cooperation between Chinese & Indian companies is instrumental in strengthening bilateral relations between the two countries.

The Minister further mentioned that in 2010 India and China will celebrate 60th anniversary of establishment of diplomatic relations between the two countries. He also said that “India attaches high importance to its participation in the Shanghai World Expo
at which we will showcase not only its progress in science & technology but also our rich and diverse cultural heritage”. Mr. Tang Dengjie, Vice Mayor of Shanghai; Mr. Sha Hailin, Deputy Secretary General of Shanghai Municipal Government & Chairman of Shanghai Municipal Chamber of Commerce; and Mr. Chen Kehong, Chairman of Shanghai Municipal Science & Technology Commission were present from the Chinese side.

Both Shri Sharma and Mr. Yu Zhengsheng exchanged views about how India and China were coping with the global economic crisis and spoke about both countries being engines of economic growth that was helping the world come out of global economic crisis. The Minister said that China is an important economic partner for India’s development particularly in the infrastructure sector and added that there are enormous opportunities for Chinese companies in this sector.

Mr. Yu Zhengsheng expressed confidence that Indian pavilion will be one of the highlights of the Expo and it will provide an excellent opportunity for Chinese People to enhance their understanding about India. He spoke about business opportunities for Chinese companies in India and also assured full support for Indian business operations in Shanghai.

Source: pib.nic.in