The Confederation of Indian Industry (CII) Chhattisgarh State Office organised a Session titled “Change and Trend: Growing Ties between China & Chhattisgarh” on Wednesday in the city.
The objective of this session was to explore opportunities to enhance cooperation between China and Chhattisgarh State for developing bilateral business relationship.
The session was started with the welcome address by Umesh Chitlangia, Convener, MSME panel, CII Chhattisgarh State Office.
Addressing the large gathering of industrialists as well as institutions during the session, MA Zhanwu, Consul General, People’s Republic of China mentioned about his experience and appreciated the hospitality of the Chhattisgarh State.
He talked about enhancing the trade relations and further mentioned during the interaction that China from being a producer is now shifting its focus to consumer. As after being hit by the slow down, the economy is changing in China very rapidly.
Mentioning about the high growth rate of India, the Consul General said that India has surpassed China in terms of growth rate and last year it was 7 – 7.5 per cent where in China it was 6.5 – 6.8 per cent.
The Chinese government is now focussing on exporting the products which they are able to produce more than it is consumed and also on importing the products which they are not able to match the consumption rates, he said.
like Chhattisgarh, China is also a rice consumer place and they are very much interested in importing the scented rice of Chhattisgarh. like India, China is also focusing on ‘Make in China’, for which they are also keen in joining hands with industries of Chhattisgarh.
He also mentioned about the potential that both Chhattisgarh State as well China has in tourism sector. The tourism sector is growing in Chhattisgarh as well as in China,and also there has been an increment in the number of Chinese tourists travelling to Chhattisgarh to explore its beauty and to learn about the culture that the State possesses.
Chinese people are now willing to make foreign investments and also want to tie up with the educational institutes of Chhattisgarh State for student and staff exchange programs. To understand as well as to increase the interaction of the people, this will eventually work in strengthening the bilateral relations of China and Chhattisgarh, the Consul General said.
After the visit of Prime Minister of India Narendra Modi to Beijing in May 2015, getting e-Visa in now a reality and five universities have made Hindi as one of their major languages. In next five years, China is planning to invest 1 trillion USD out of which major investments will be in India including Chhattisgarh as one of the important State, he said.
Notably, China and India, the two ancient civilizations, jointly account for close to 40 per cent of the total population of the world. With their vast pool of human resources and huge domestic market, India and China are destined to play a significant role in the global economy in the years ahead.
The rapid economic growth in India and China in the recent years has immensely attracted the world’s attention.
The session was concluded by Vinod Kerjiwal, President, Urla Industry Association. large number of Institutions, Industries, various Chamber of Commerce, CII Members and Secretariat attended the session.