Last Updated : Mar 19 2019 10:00PM     Screen Reader Access
News Highlights
President appoints Justice Pinaki Chandra Ghose as India's first Lokpal            Notification issued for 2nd phase of Lok Sabha polls            EC directs parties to desist from indulging any political propaganda involving activities of Defence forces            GST Council approves transition plan for new GST rates for residential properties            India face Bangladesh in SAFF Women's meet semis tomorrow           

National News

Mar 27, 2018
11:31AM

China promises to address trade deficit with India; welcomes Indian investment

China has promised to address India's concern on the growing bilateral trade deficit. The development came after Commerce and Industry Minister Suresh Prabhu and his Chinese counterpart Zhong Shan co-chaired the 11th meeting of India-China Joint Group on Economic Relations, Trade, Science and Technology in New Delhi on Monday.

In 2016-17, India's trade deficit with China was over 51 billion dollar, which was almost half of the country's total trade deficit with all trade partners.

Speaking on the occasion, Mr Prabhu exhorted the Chinese Minister for greater market access to Indian agricultural products including vegetables and sugar and high qualitypharmaceutical products.

Mr Prabhu emphasized the need to focus on export of India’s IT and IT Enabled Services to China and cooperation in the sectors of tourism and health-care.

Mr Zhong Shan welcomed Indian investment in his country. He highlighted the important issues discussed in the meeting like two-way trade relations, preparation of an action plan, greater focus on Regional Comprehensive Economic Partnership and e-dialogue.

Mr Shan said, candid and effective discussions with India on trade relations can serve as the propeller for the growth not only between the two countries but in the entire region.

   Related News

Live Twitter Feed

Listen News

Morning News 19 (Mar) Midday News 19 (Mar) News at Nine 19 (Mar) Hourly 19 (Mar) (2000hrs)
समाचार प्रभात 19 (Mar) दोपहर समाचार 19 (Mar) समाचार संध्या 19 (Mar) प्रति घंटा समाचार 19 (Mar) (1900hrs)
Khabarnama (Mor) 19 (Mar) Khabrein(Day) 19 (Mar) Khabrein(Eve) 19 (Mar)
Aaj Savere 19 (Mar) Parikrama 19 (Mar) Lok Ruchi Samachar 17 (Mar)

Listen Programs

Market Mantra 19 (Mar) Samayki 19 (Mar) Sports Scan 19 (Mar) Spotlight/News Analysis 19 (Mar)
    Public Speak

    Country wide 14 (Mar) Surkhiyon Mein 14 (Mar) Charcha Ka Vishai Ha 13 (Mar) Vaad-Samvaad 19 (Mar) Money Talk 19 (Mar) Current Affairs 15 (Mar)