Interactive Session with
Mr.Zhang Lizhong, Consul General of China
Shri Anupam Shah, Past President, MCCI in his welcome address sought
the assistance of Chinese Foreign Office in India to find out avenues to address
the grievances of Indian traders who incur losses due to fake Chinese Exporters
who are found to ‘close shops’ after shipping spurious goods under forged
documents.
Mr Zhang Lizhong highlighted
that the Government has purposely introduced measures to slow down the
economy which clubbed with Global economic turmoil has resulted in the drop of
GDP growth rate below 8% first time in three years.
‘Bandhs, ‘Strikes,’Lack of infrastructure’ have been highlighted as
the key bottlenecks faced by the 15 Chinese Companies operating on contract in Eastern India . However ‘low cost efficient labour’,’rich
work experience’, ’short construction period’ are the key incentives of doing
business in this part of the country.
Energy Saving Industry, ’Infrastructure’,
’Tourism’, ’Infrastructure’, ’Pharmaceutical Industry’, ’IT’, ’Agriculture’,
are the potential areas of bilateral cooperation. Mr Lizhong stressed that ‘Assam
and Darjeeling Tea should be directed supplied
to China Assam Tea made a business of worth USD 10,000 on
the first day of doing business in China
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