Chinese Minister asks entrepreneurs to set the ball rolling
HYDERABAD: India is strong in software and China in hardware and if both nations come together in the Information Technology sector, the formidable combination could do wonders, Liu Hongcai, Vice Minister, International Department of the Central Committee of the Communist Party of China observed here on Thursday.
Mr. Hongcai, who is here on a two-day visit to see some of the major IT and Biotechnology initiatives told The Hindu that there was a possibility of such synergy in the near future and wanted the entrepreneurs of the two countries to set the ball rolling. He was accompanied by Ai Ping, Director General Bureau 1of the same department, and three other delegates.
"You see, entrepreneurs are more far-sighted than politicians. Today they are in a position to do things that look seemingly impossible in the political realm," he said while stressing intensification of interaction at all levels people-to-people, industrial and political leadership.
Visiting the country for the second time in the last two years, Mr. Hongcai said he was impressed with India's "dynamic growth path." India was an important country for China. China was India's second largest trading partner and the latter was China's largest partner in South Asia. There is great potential for co-operation given the Indian and Chinese strengths in IT, infrastructure, science and technology and energy resources. "There is no reason why we cannot achieve the bilateral trade target of $40 billion by 2010."
Replying to a question, he said developing mutual trust at the political level would help in overcoming strategic and security concerns, paving the way for economic co-operation. "We need to understand that when China grows, it is not for kicking off hegemony in the region. Similarly when India makes rapid progress, it is not for dominance."
On Chinese President Hu Jintao's visit to India in November last and the five principles he had enunciated, Mr. Hongcai said there had been a lot of progress with a series of official-level meetings. "We need more such contacts for economic cooperation, for mutual benefit and arrive at win-win results keeping in view the global situation." Specifically, India and China could look at joint ventures and co-operation in energy sector, he said.
Since constant multilevel engagement is the key to improving bilateral relations, he said the leaders of the Communist Party of China have been meeting their counterparts in the Congress, BJP, CPI (M), CPI and other major political parties. Mr. Hongcai and other delegates are in India to participate in the international conference on "Peace, non-violence empowerment, and Gandhian philosophy in the 21st Century," organised by the Congress in connection with the centenary celebrations of Satyagraha.