ICTC | India China Trade Center
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Commerce Minister Suresh Prabhu meets counterpart in move to address bilateral trade deficit In a bid to reduce the huge bilateral trade deficit with China, which, in the last fiscal, was a whopping $51 billion, the Centre has now sought greater investments from Chinese firms including in India’s export-focused Special Economic Zones (SEZ). In a …
INDIA SEEKS MORE CHINESE INVESTMENTS (09-09-2017) Read More »
NEW DELHI: With India’s trade deficit with China in danger of steadily expanding, newly minted Commerce and Industries minister Suresh Prabhu said on Saturday that the two countries have agreed to set up industry specific working groups which will help increasing Indian exports. “Concerned about growing trade deficit with China, we agreed to set up …
INDIA, CHINA TO SET UP JOINT WORKING GROUPS TO BRIDGE TRADE DEFICIT (10-09-2017) Read More »
Editor’s Note: The bike-sharing industry has brought many lifestyle changes in China. But also importantly, the business has inspired entrepreneurs in other industries. From basketball to umbrella, let’s take a look at what’s hot in the booming sharing sector. Bike-sharing While bike-sharing is no rarity in other parts of the world, the Chinese version has …
WHAT’S HOT IN CHINA’S SHARING ECONOMY (11-09-2017) Read More »
The launching of work on the 500-km Mumbai-Ahmedabad line, India’s first HSR line set to be completed by 2023, is the highlight of the Japanese PM’s India visit, which kicks off in Gujarat today. HIGHLIGHTS Beijing said it stands ready to take forward cooperation with India China already carrying out feasibility studies for 2 HSR …
Kolkata, Sep 23 (PTI) China and India are working together to “take forward” their relationship leaving behind the Dokalam episode, the Chinese Consul General here has said. Chinese Consul General Ma Zhanwu also asserted that by working together cooperation and exchanges can be further enhanced. “India and China are working together. Prime Minister Narendra Modi and President …
WORKING WITH INDIA TO TAKE TIES FORWARD POST-DOKALAM: CHINA (23-09-2017) Read More »
The State Council has released a plan to build a national technology transfer system. A national technology transfer system is conducive to capitalization and industrialization of sci-tech achievements and innovative development in China, the circular stated. It sets a target of building a basic national technology transfer system and a market of technologies by 2020, …
CHINESE GOVERNMENT PLANS TO BUILD NATIONAL TECHNOLOGY TRANSFER SYSTEM (26-09-2017) Read More »
Inspired by Prime Minister Shri Narendra Modi’s goal of making Railways the engine that fuels our vikasyatra (development journey) towards New India, Minister of Railways, Shri Piyush Goyal announced various decisions taken by Ministry of Railways for Transformation of Indian Railways today i.e.28thSeptember, 2017 in Rail Bhavan. Minister of State for Communication (I/c) & Minister of State …
Press Release India-China Technology Transfer and Investment Conference “2nd India–China Technology Transfer, Collaborative Innovation and Investment Conference” was organised on 16-17 November 2017 at Le Meridien Hotel, New Delhi. The Conference was organised by the India China Trade Center (ICTC) in cooperation with China’s Yunnan Academy of Scientific and Technical Information (YASTI). Shri Suresh Prabhu, Minister of Commerce and Industry in …
“One Earth, One Family, One Future’ signals the need for unity of purpose as well as the unity of action” “Post World War global governance failed in both its mandates of preventing future wars and fostering international cooperation on issues of common interests” “No group can claim global leadership without listening to those most affected …
Synopsis India’s trade deficit with China in 2021-22 has reduced to 83.8% from 86.7% in 2014-15 due to fewer commodities and services exhibiting trade deficit, according to Minister of State for Commerce and Industry Anupriya Patel. The major commodities where India has a trade deficit with China include electronic components, computer hardware, telecom instruments, industrial …
INDIA HAS TRADE DEFICIT WITH CHINA IN ELECTRONIC COMPONENTS, COMPUTER HARDWARE Read More »