Live
- Anshul Garg and Jubin Nautiyal Join Forces for a Soulful Romantic Anthem – ‘Hadh Se’
- Andhra: Actor Posani booked for derogatory comments against Chandrababu Naidu
- Integrating ML Models into Web-based and Mobile Applications For Real-time Data Analysis and Decision-making
- Sharana sahitya will endure as long as human society exists, opines MP Basavaraj Bommai
- Geetesh Sanodia Drives User Success with Comprehensive Training Programs Using Digital Adoption Platforms like WalkMe and Apty
- Udhayanidhi Stalin And EPS Clash Over Naming Schemes After Karunanidhi
- Sachin Mittal: A Journey from Entertainment to Wedding Excellence
- Bihar CM keeps up his promise, attends wedding festivities of PSO’s son in Haryana’s Rewari
- Fareed Zakaria On Modi's Historic Third Term Amid Global Anti-Incumbency Trend
- Jhansi Fire Tragedy: Father Rescues Seven Infants But Loses Twin Daughters
China wants to combine Make in India with Made in China
China Wants To Combine Make in India With Made In China. China said it is making \"every effort\" to address India\'s concerns on USD 47 billion trade deficit as it called for combining Prime Minister Narendra Modi\'s \'Make in India\' initiative with its \'Made in China\' to step up investments.
Beijing: China said it is making "every effort" to address India's concerns on USD 47 billion trade deficit as it called for combining Prime Minister Narendra Modi's 'Make in India' initiative with its 'Made in China' to step up investments.
.jpg)
"We are making every effort to fundamentally solve the issue. We need to find a new channel, new methodology to break the bottle neck," said Huang Xilian, Deputy Director General of the Asian Affairs department of the Foreign Ministry. China is trying to address the issue by promoting mutual investments to balance the trade. "We have agreed two industrial parks and encouraging more Chinese investments in India to promote exports to China," he said.
"We are ready to buy. This is next five years we are expected to import commodities from US$ 10 trillion. We hope we could import as much as possible from India," he said. "We should try to combine 'Make in India' and 'Made in China' strategy together. The key word in India-China relationship is development, which is a major factor of our cooperation," he said. India's trade deficit with China averaged around US$ 47 billion in last year's trade of over US$ 70 billion. Huang Xilian said China has sent delegation to India to discuss measures to increase imports.
China is importing films from India, he said, referring to recent success of PK which grossed over US$ 16 million.
