Hottest 2013 China India relations Indian infrastr

2013 China India Relations: Indian infrastructure welcomes Chinese investment

2013 China India Relations: Indian infrastructure welcomes Chinese investment

China Construction machinery information

Guide: in 2012, under the theme of the year of China India friendship and cooperation, there were frequent activities between China and India, two major emerging economies in Asia, and important neighboring countries that discharge the air (and a little oil) in the pump. The two sides have made positive progress in high-level visits, economic and trade cooperation, military exchanges, people to people and cultural exchanges, and China India relations have made solid progress. It is worth mentioning

in 2012, under the theme of "China India friendship and cooperation year", there were frequent activities between China and India, two major emerging economies in Asia and important neighbors. The two sides have made positive progress in high-level visits, economic and trade cooperation, military exchanges, people to people and cultural exchanges, and China India relations have made solid progress. It is worth mentioning that on the 50th anniversary of the border conflict between China and India, the relations between the two countries have not been adversely affected at all, which shows that the public opinion atmosphere and social foundation of China India relations have changed compared with the past, and the governments and leaders of the two countries have a strong willingness to develop bilateral relations. Looking forward to the prospect of China India relations, many aspects are worth looking forward to, and deepening economic cooperation will be the mainstream non corrosive medium

over the past three decades, China's economy has made remarkable achievements, and India's economy has also shone brightly in the past two decades. The economic and trade cooperation between China and India has been expanding, and the trade volume between the two countries increased from US $3.6 billion in 2001 to nearly US $74billion in 2011. China is now India's largest trading partner, and the two countries are committed to achieving the goal of $100billion in bilateral trade by 2015. Despite the sluggish global economic recovery and the deterioration of the European debt crisis, the scale of China India trade still reached more than $56 billion in the first 10 months of 2012. In the context of increasing political mutual trust, the goals set by the 18th CPC National Congress for China's development and Ren wood plastic formwork are currently the most materials that meet the requirements of recycling and environmental protection, opening up new development space for China India economic cooperation

economies of the two countries: complementarity is greater than competition

both China and India have huge populations and markets, and are in the stage of rapid development. The economies of the two countries are competitive, but more complementary. China has strong strength in manufacturing, power and telecommunications equipment, infrastructure construction, and India has advantages in information industry, software outsourcing, pharmaceuticals, etc. in addition, China's $3trillion foreign exchange reserves and 30 years of experience in economic reform have a great attraction to India. The potential for cooperation between the two sides needs to be further developed. In recent years, the Indian government intends to increase the proportion of manufacturing in the national economy, while China is in the stage of manufacturing upgrading, and the relevant experience can be used for reference by India. On the other hand, the experience of Indian Multinational companies such as Tata Group in overseas mergers and acquisitions and operations is also worthy of reference for Chinese enterprises

with high-quality and low-cost products and services, some Chinese enterprises have made considerable progress in the Indian market. Over the past five years, half of the new power equipment in India has come from Chinese enterprises, and India has become Huawei's largest overseas market. Data shows that Chinese enterprises have received more than $50billion in large-scale contract projects in India. Sachib, chairman of the India China Economic Commission, believed that China and India have similar national conditions and development stages. Chinese products meet India's market needs and create jobs, especially in infrastructure. Chinese companies have participated in and promoted India's modernization process

in order to find new resources and markets, Chinese enterprises are implementing the "going out" strategy, while India is also formulating an ambitious economic development strategy and opening up more and more deeply. This provides an opportunity for China India Economic and trade cooperation. India's 12th Five Year Plan (2012) sets the GDP growth at more than 8%, and the expected investment in infrastructure alone is as high as trillions of dollars. However, India's fiscal tension requires China's capital and technology. India has promised to take practical measures to welcome Chinese enterprises to invest in India and participate in Indian infrastructure construction. This will be a great opportunity for Chinese enterprises

cooperation prospects: the fields are deeper and broader

aruwalia, vice chairman of the Indian Planning Commission, once pointed out that the cooperation between India and China has just begun, and both sides should expand the depth and breadth of cooperation based on the principle of mutual benefit and win-win results

compared with the trade scale between China and India, the mutual investment between China and India is almost negligible. In 2011, China's investment in India was only US $180million, and India's investment in China was only US $40 million, which is far from reflecting the economic scale of the two countries and the importance of mutual cooperation. In order to expand mutual investment, at the second strategic economic dialogue held in New Delhi in November 2012, the two sides signed a memorandum of cooperation between joint research, railway, software, industrial energy efficiency and other departments and a two-way investment intention agreement between enterprises with a total amount of $4.8 billion. According to Indian media forecasts, these cooperation memoranda are expected to bring up to tens of billions of dollars in bilateral investment

12 next page