Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

’Big opportunity’ ahead for India, China: PM tells Xi

Author: PTI/Friday, April 27, 2018/Categories: Government

’Big opportunity’ ahead for India, China: PM tells Xi

By K J M Varma

Wuhan, April 27 - Prime Minister Narendra Modi today hailed the centuries old Sino-India ties, telling Chinese President Xi Jinping that the two countries have a "big opportunity" to work together for the benefit of their people and the world.

During his delegation-level talks as part of an unprecedented informal summit with President Xi in the central Chinese city, Modi said such informal summits should become a tradition between the two countries.

"I'll be happy, if in 2019, we can have such informal summit in India," Modi told Xi.

Modi said India and China have the responsibility to work for 40 per cent of the world population and the two sides have a big opportunity to work together for the benefit of their people and the world.

The summit in Wuhan - the favourite holiday spot of revolutionary Chinese leader Mao Zedong - is being seen as an effort by India and China to rebuild trust and improve ties that were hit by the 73-day-long Dokalam standoff last year.

Modi recalled that during the 2000 years of history, India and China together provided momentum and strength to the world economy and dominated it for around 1600 years.

"The two countries together constituted for about 50 per cent of the world economy and another 50 per cent was shared by rest of the world for 1600 years," the prime minister said.

Modi also said the people of India felt proud that President Xi has twice received him out of the capital.

"I'm perhaps the first Prime Minister of India, for whom, you have come out of the capital (Beijing) twice to receive me," Modi said, referring to his visit to Xi'an - the home town of President Xi in 2015.

On his part, President Xi said the two countries have established closer partnership and made positive progress in recent years.

"In the past five years, we have achieved a lot. We have met each other on many occasions," he said.

"Our two countries have established closer partnership and cooperation. We have have made positive progress. India and China have a combined population of 2.6 billion which provides enormous potential for development. The influence of our two countries is steadily rising in the region and the world," Xi told Modi.

Xi said he believes in future and the two leaders could meet in format like this from time to time.

"I look forward to in-depth communication with your excellency, and ensure we can build common understanding and help to take the China-India relationship to the next level," he said, ahead of their one-on-one dinner at a state guest house by the famous East Lake.

They will resume their one-on-one interaction tomorrow at 10 a.m (local time) with walks by the lake side, boat ride and wind up their talks over lunch, official sources here said.

This is fourth visit of Modi to China after he came to power in 2014. He is again due to visit China to take part in the SCO summit to be held at Qingdao city on June 9-10.

Print Rate this article:
No rating

Number of views (103)/Comments (0)

rajyashree guha

PTI

Other posts by PTI
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free