India, China to hold economic dialogue Monday
September 23rd, 2011 - 7:31 pm ICT by IANS
Beijing, Sep 23 (IANS) India and China will hold the first round of a bilateral strategic economic dialogue here Monday, the foreign ministry said Thursday.
The dialogue will be co-chaired by Zhang Ping, director of National Development and Reform Commission, and Montek Singh Ahluwalia, deputy chairman of the Indian Planning Commission, foreign ministry spokesman Hong Lei said.
Representatives from both nations in charge of foreign affairs and macroeconomic planning will attend the dialogue.
Hong added that the dialogue will focus on macroeconomic outlook, communication and coordination on economic policy-making and other opportunities for pragmatic cooperation.
“I believe the China-India strategic economic dialogue would help boost economic cooperation between the two nations,” Xinhua reported quoting Hong as saying.
Chinese Prime Minister Wen Jiabao and his Indian counterpart Manmohan Singh agreed to establish a regular bilateral strategic economic dialogue mechanism during Wen’s visit to India last December.
The dialogue was established to strengthen coordination on macroeconomic policy-making and jointly tackle challenges emerging in the economic development of both nations.
The first round of the dialogue has also been listed as an important event marking the China-India Exchange Year in 2011.
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