Published on Wed, Mar 14, 2007 at 08:55 | Source : Moneycontrol.com
Updated at Wed, Mar 14, 2007 at 09:01
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India-China Business Alliance launched
The Ambassador of China to India, Mr Sun Yuxi, on Tuesday said that the forthcoming visit of the Prime Minister, Dr Manmohan Singh, to China later this year would pave the way for India becoming the largest trade and economic partner of China within a decade.
In the last couple of years, the visits of Head of States and Heads of Governments have been taking place between India and China, which only goes to prove that the opening up of global economy has pushed larger integration between economies of India and China, said Mr Yuxi.
Mr P.K. Sandell, Chairman, Assocham Electronics Committee, said that the business synergies would be utilised to exploit the market in the economies of scale with close joint collaboration between India and China.
Mr Miao Helin, Leader of Chinese Business Delegation, sought that just as Chinese Embassy agreed for Express Visa to visiting Indian businessmen, the process for issuance of Express Visas to Chinese businessmen should be expedite by the Indian authorities without any further delay.