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Mizzima: Joint Indian delegation to
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Joint Indian delegation to visit China in July
New Delhi, June 26, 2001
Mizzima News Group (www.mizzima.com)
A joint delegation of Members of Parliament, trade union leaders
and business executives from India are visiting China early next month
to study the world's largest developing economy and to strengthen
India-China cooperation, according to Confederation of Indian Industry
(CII) today. This will be the first ever joint Indian delegation of
government, industry and trade union leaders to visit China. The 26
member delegation would be led by Dr. (Mrs) Najma Heptullah, Deputy
Chairperson of Rajya Sabha (Upper House) and would be co-led by Mr Arun
Bharat Ram, former President of CII. The delegation will include eleven
Members of Parliament from the leading political parties, three trade
union leaders and ten industry representatives.
The apex chamber said the delegation is scheduled to meet top political
leaders, senior government officials and key industry representatives in
Beijing, Shanghai, Urumqui and Shenzhen during the tour, which is from
1st July to 7th July.
According to the National Bureau of Statistics, China's Gross Domestic
Product (GDP) grew by 8% last year, touching a historic high of $
1,077.16 billion (Yuan 8,940.40 billion). The Foreign Trade Volume of
China, during 2000, achieved another high of $ 474.30 billion, thus
ensuring a trade surplus of $ 24.10 billion and a very comfortable level
of Foreign Exchange Reserves of $ 165.60 billion.
"This study mission will give an opportunity to the parliamentarians and
the trade unions leaders to get a first hand report of the reform
process in China. It will be pertinent for the Indian industry to
understand the affect of pursuing the reform process and the way China
has addressed issues, which have arisen following the introduction of
reforms such as loss of jobs and disinvestment among others", said the
CII. "Both India and China have much to offer each other in terms of
economic cooperation, technological and business opportunities."
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<center><b><font color="#000099"><font size=+2>Joint Indian delegation
to visit China in July</font></font></b></center>
<p><i><font color="#FF0000"><font size=+1>New Delhi, June 26, 2001</font></font></i>
<br><i><font color="#FF0000"><font size=+1>Mizzima News Group <a href="http://www.mizzima.com";>(www.mizzima.com)</a></font></font></i>
<p><font size=+1> A joint delegation
of Members of Parliament, trade union leaders and business executives from
India are visiting China early next month to study the world's largest
developing economy and to strengthen India-China cooperation, according
to Confederation of Indian Industry (CII) today. This will be the first
ever joint Indian delegation of government, industry and trade union leaders
to visit China. The 26 member delegation would be led by Dr. (Mrs) Najma
Heptullah, Deputy Chairperson of Rajya Sabha (Upper House) and would be
co-led by Mr Arun Bharat Ram, former President of CII. The delegation will
include eleven Members of Parliament from the leading political parties,
three trade union leaders and ten industry representatives.</font>
<p><font size=+1>The apex chamber said the delegation is scheduled to meet
top political leaders, senior government officials and key industry representatives
in Beijing, Shanghai, Urumqui and Shenzhen during the tour, which is from
1st July to 7th July.</font>
<p><font size=+1>According to the National Bureau of Statistics, China's
Gross Domestic Product (GDP) grew by 8% last year, touching a historic
high of $ 1,077.16 billion (Yuan 8,940.40 billion). The Foreign Trade Volume
of China, during 2000, achieved another high of $ 474.30 billion, thus
ensuring a trade surplus of $ 24.10 billion and a very comfortable level
of Foreign Exchange Reserves of $ 165.60 billion.</font>
<p><font size=+1>"This study mission will give an opportunity to the parliamentarians
and the trade unions leaders to get a first hand report of the reform process
in China. It will be pertinent for the Indian industry to understand the
affect of pursuing the reform process and the way China has addressed issues,
which have arisen following the introduction of reforms such as loss of
jobs and disinvestment among others", said the CII. "Both India and China
have much to offer each other in terms of economic cooperation, technological
and business opportunities."</font>
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