Boost in trade expected between China and India
The Centre on Wednesday said the forthcoming visit of the Chinese President is expected to bring about a directional change in the relationship between the countries in addition to boosting trade and investments. Commerce and Industry Minister Nirmala Sitharaman said that some announcements are expected during the visit with regard to setting up of industrial parks by China.
This visit will bring a directional change to the relations between India and China in the last 60 years. The directional change will also help further strengthen the ties between the two nations, she said. She added that the think during this visit some announcement will be made pursuant to which China will move forward in setting up industrial parks in India.
The Chinese President is scheduled to visit India from September 17. He will start his three-day official tour from Ahmedabad. China is expected to announce $5 billion investment in setting up two industrial parks in Gujarat and Maharashtra.
The change in the relationship between the both countries will help in boosting the trade and investment works between them.
Source: The Hindu
Chinese industrial parks in India, Commerce and Industry Minister, industrial parks, industrial parks in Gujarat, Nirmala Sitharaman
