Manmohan calls on Indian business leaders to study opportunities in China

January 13th, 2008 - 9:57 pm ICT by admin  

A file-photo of Manmohan Singh
By Ashok Dixit
Beijing, Jan 13 (ANI): Prime Minister Dr. Manmohan Singh today urged Indian business leaders to identify opportunities for business and greater engagement in China.
Dr. Singh said this to representatives of Indian business accompanying him on his three-day China visit.
Urging Indian business to “think big”, Dr Singh said: “Indian business is ready to face the brave new world of globalisation. China is an important part of that brave new world. We must engage China and learn to both compete and cooperate.”
He said: “The rise of China and India should be viewed as an ‘international public good’ by the global community, since it offers new opportunities to sustain global growth.”
“At a time when there are concerns about a global economic slowdown, China and India can sustain global growth through their own development,” he added.
“It is a historic necessity for the two great neighbours to work together. There will be areas of competition, and there will be areas for cooperation. There is enough space in the world for both countries to continue to grow and address the developmental aspirations of their peoples,” Dr. Singh said.
Earlier, led by the two business associates, CII and FICCI, the business delegation appraised Dr. Singh on recent trends in India-China bilateral trade and investment flows.
They drew attention both to the opportunities and to challenges faced by Indian business in China. (ANI)

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