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Sep 10, 2019
8:23AM

6th India-China Strategic Economic Dialogue concludes

@MIB_India
The sixth India-China Strategic Economic Dialogue, SED, concluded in New Delhi today.

Both the sides agreed that SED has emerged as a crucial mechanism to facilitate bilateral trade, investment and enhance economic cooperation.

According to an official release, the two sides held in-depth discussions to review trade and investment climate, and harness synergies for future engagement.

Potential areas of collaboration across innovation and investment focusing on fintech and related technologies were highlighted.  

Senior representatives from policymaking, industry and academia participated in the dialogue.

The Indian side was led by NITI Aayog Vice-Chairman, Dr. Rajiv Kumar and the Chinese side by He Lifeng, Chairman, NDRC. During his intervention, Dr. Rajiv Kumar emphasized on taking concrete steps to address India’s trade imbalance with China.

The two countries noted the significant progress made in the feasibility study on Chennai-Bangalore-Mysore railway up-gradation project and personal training of Indian senior railway management staff in China.

They held detailed discussions on identifying the next steps in all areas of cooperation as well as on taking forward the study project exploring the possibility of Delhi-Agra high-speed railway in the pilot section.  

They identified future areas of collaboration and resolved to work on Renewable Energy space, Clean coal technology sector, Smart Grid and  Grid integration and Smart meters and E-mobility sectors.

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