Chinese envoy hails investment in State

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Claiming that constant efforts are underway to resolve the border issue, besides promoting economic cooperation and friendship between China and India, Chinese Ambassador Wei Wei said diplomatic ties between the Asian neighbours cemented following reciprocal visits of two premiers.

At the inauguration of a three-day 'Haat of India' aimed at inviting Chinese industrialists to invest in Madhya Pradesh here on Saturday, Chief Guest Wei hailed efforts for providing a forum to Chinese industries to invest in the State, an official release said.

"A positive atmosphere is vital to enhance economic cooperation between the countries. Since both are neighbours, they should continue to promote mutual economic cooperation," the diplomat remarked.

Stressing on the need to expand economic activities for removing trade imbalance between India and China, he added that Indian industrialists are being motivated to do business in China and their Chinese counterparts are also being galvanised to invest in India in large number.

"Chinese investment in Madhya Pradesh can be boosted if a Chinese industrial park is established in India. If a park on the lines of the Chinese model is set up, Chinese industrialists will be motivated to invest in the country," Wei felt.

He said the both the Prime Ministers of India and China have exchanged visits due to which diplomatic ties between the two countries have cemented. He said that constant efforts are being made to resolve border disputes and promote economic cooperation and friendship between the two countries. He said that positive atmosphere is vital to increase economic cooperation between the two countries. Since both the countries are neighbours, they should continue to promote mutual economic cooperation.

Providing the example of the China Singapore Industrial Park, he said if a Chinese industrial park is established in Madhya Pradesh, employment would become available to several youth besides strengthening the rural economy.

Daily Pioneer
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