Dinesh jain
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Chinese President Xi Jinping will arrive here on
Wednesday on a three-day visit which will focus
on significantly ramping up trade and investment,
besides addressing the contentious border issue
that has seen occasional flare ups between the
two Asian giants.
India expects that the visit will address the
"interests and concerns" of both the countries
and that "all substantive" issues having bearing
on the ties including the boundary dispute will
be discussed.
"I am looking forward to deepening our
engagement across the full spectrum of our
bilateral relations, but also seeking progress on
issues of concern, because resolution of these
issues will transform the atmosphere in our
relations and allow us to realise the full potential
of our relations," he said.
Modi will welcome Xi, who is accompanied by a
high-level delegation including two senior
members of Polit Bureau and the Chinese
Commerce Minister, at his hotel here on
Wednesday, which will also be the Prime
Minister's 64th birthday
Largely described as a visit to focus on
economic and trade issues, Xi is expected to
announce large scale Chinese investments in
railways, manufacturing as well as infrastructure
rivalling Japan's USD 35 billion commitment
made during Modi's recent visit to Tokyo.
Chinese officials say that China would be
committing anywhere between USD 100 billion to
USD 300 billion in the modernisation of Indian
railways, establishing of industrial parks as well
as investment in mega infrastructure projects.
China's foreign exchange reserves, the largest in
the world, reached a record USD 3.95 trillion in
March and it plans to invest around USD 500
billion overseas in the next five years, a large
share of which is expected to find India's way.
number of businessmen and other leaders.
On Monday,
60-year-old Xi, who took over as the head of the
ruling Communist Party in 2012 and President
and military chief in March last year, had been
sending clear signals of boosting bilateral
relations with India.
Modi said the relationship between the two
countries goes beyond "plain arithmetic" and he
was confident that the neighbours can "script
history" by enhancing cooperation.
Chinese President arrives today, Ahmedabad gears up for a grand welcome
Wednesday on a three-day visit which will focus
on significantly ramping up trade and investment,
besides addressing the contentious border issue
that has seen occasional flare ups between the
two Asian giants.
India expects that the visit will address the
"interests and concerns" of both the countries
and that "all substantive" issues having bearing
on the ties including the boundary dispute will
be discussed.
"I am looking forward to deepening our
engagement across the full spectrum of our
bilateral relations, but also seeking progress on
issues of concern, because resolution of these
issues will transform the atmosphere in our
relations and allow us to realise the full potential
of our relations," he said.
Modi will welcome Xi, who is accompanied by a
high-level delegation including two senior
members of Polit Bureau and the Chinese
Commerce Minister, at his hotel here on
Wednesday, which will also be the Prime
Minister's 64th birthday
Largely described as a visit to focus on
economic and trade issues, Xi is expected to
announce large scale Chinese investments in
railways, manufacturing as well as infrastructure
rivalling Japan's USD 35 billion commitment
made during Modi's recent visit to Tokyo.
Chinese officials say that China would be
committing anywhere between USD 100 billion to
USD 300 billion in the modernisation of Indian
railways, establishing of industrial parks as well
as investment in mega infrastructure projects.
China's foreign exchange reserves, the largest in
the world, reached a record USD 3.95 trillion in
March and it plans to invest around USD 500
billion overseas in the next five years, a large
share of which is expected to find India's way.
number of businessmen and other leaders.
On Monday,
60-year-old Xi, who took over as the head of the
ruling Communist Party in 2012 and President
and military chief in March last year, had been
sending clear signals of boosting bilateral
relations with India.
Modi said the relationship between the two
countries goes beyond "plain arithmetic" and he
was confident that the neighbours can "script
history" by enhancing cooperation.
Chinese President arrives today, Ahmedabad gears up for a grand welcome
