Chinese Premier visiting India Wen Jiabao 15, attended the Sino Indian Summit on business cooperation in New Delhi. He said that during the visit to India, the Chinese side organized more than 300 investment and trade promotion groups, and signed about 16000000000 US dollar trade contracts with India enterprises.

He said that China and India's rapid economic development have become an important engine of world economic growth. "Some media regard China and India as competitors in the economic field, and compare the development and progress of the two countries to the" dragon elephant competition ". I do not agree with this view. I do not think any of you here will agree. "

Wen Jiabao pointed out that China and India are mutually beneficial and win-win partners, not competitors. The world has enough space for the development of China and India, and there is enough space for cooperation between China and India.

He said that in 2000, China and India Trade The amount is less than US $3 billion, and this year it is expected to exceed US $60 billion, an increase of nearly 20 times, an average increase of 35%. At present, China is India's second largest trading partner and India is China's ninth largest trading partner.

Wen Jiabao said that the market space of China and India is very broad. The population of the two countries is up to 2 billion 400 million, accounting for 2/5 of the world's total population, and the potential of the domestic market is huge. The two industries have their own specialties. India has an advantage in the fields of software, finance, medical services and bio technology. China has strong capabilities in manufacturing and infrastructure, and can make good use of each other's advantages and disadvantages. Both China and India are committed to deepening reform and opening up. They have accumulated a lot of experience and useful practices, and are also faced with many similar deep-seated contradictions and problems. The two countries can learn from each other, inspire each other and learn from each other in expanding exchanges and cooperation.

Premier Wen Jiabao attended the Sino Indian business cooperation summit in New Delhi on 15 July and delivered a speech.

Wen Jiabao said that in recent years, Sino Indian relations have shown a good momentum of all-round development, especially the bilateral economic and trade cooperation has made unprecedented progress and entered the most active and fruitful new era. Bilateral trade has increased by nearly 20 times in 10 years. India is one of the largest overseas engineering contracting markets for Chinese enterprises. The mutual investment between the two countries is in the ascendant, which has brought huge rewards to both sides.

Wen Jiabao pointed out that China and India's rapid economic development have become an important engine of world economic growth. The two countries are partners, not competitors. The world has enough space for the development of China and India, and there is enough space for cooperation between China and India. Two countries the cooperation of management and trade It is mutually beneficial and win-win, and the future is bright. The market space of China and India is very broad. As long as we open the market to each other, we can provide strong support for the economic growth of both sides. The two industries have their own strengths, which can complement each other and promote each other. The two countries are committed to deepening reform and opening up, and can learn from each other and learn from each other in expanding exchanges and cooperation. The two countries have broad common interests in the international economic and trade system and hold similar or similar positions on many major economic and trade issues, which can enhance communication and coordination and safeguard common interests.

Wen Jiabao said that my visit to India is a journey of friendship and a journey of cooperation. China is willing to work with India to push bilateral economic and trade cooperation to a larger scale, wider scope and higher level. The two sides should fully tap the potential of bilateral trade, substantially increase bilateral trade volume, promote trade balance development, jointly oppose trade protectionism, work hard to create a favorable investment environment, conscientiously implement the investment promotion and protection agreement, relax restrictions on examination and approval, capital flow and personnel entry and exit, and explore bilateral trade and investment development in the other countries' foreign trade and economic cooperation zones; expand cooperation in the fields of finance, tourism, energy and environmental protection, strengthen exchanges in science and technology, education, culture, health and other social undertakings, and deepen mutual understanding and friendship between the two peoples; encourage enterprises in the two countries to strengthen exchanges, establish more exchanges platform, and play a bridge intermediary role between trade associations and associations to help enterprises understand and explore the market. {page_break}

Wen Jiabao finally said that twenty-first Century is the century of Asia, and is also a great achievement for China and India. I hope that the business people in the two countries will take an active part in the Sino Indian Economic and trade cooperation process with the spirit of fighting against the clock and wasting time, and make greater contributions to the great rejuvenation of the two ancient Chinese and Indian peoples.

The Sino Indian Summit on business cooperation was co sponsored by the Ministry of Commerce of China, the China Council for the promotion of international trade, the Ministry of Commerce and industry of India and the Federation of India industries. The 600 economies of the two countries attended the meeting.