On the third day of his visit to China, Prime Minister Narendra Modi met CEOs of top Chinese on 16 May. Twenty-one MoUs worth $22 billion were signed between Indian and Chinese companies.
Modi said, “India is ready to do business.” He was addressing the India-China Business Forum in Shanghai. He emphasised Indian contributions in China’s growth and how the two can help each other.
“India has always been a knowledge society and China an innovating society. The Indian concept of Zero and nine planets have been helpful in discoveries in China. So, our ideas had a role in your innovations,” he surmised.
“While we help each other spiritually, we must assist each other economically too,” the PM said.
“India offers a vital opportunity for Chinese industry. We want to promote manufacturing in a big way so as to create jobs for our unemployed youth,” Modi said.
“We are constantly trying to improve business environment, especially for those who want to do business with India,” he said. “I assure you once you decide to be in India, we are confident to make you comfortable,” Modi said.
Among those in at forum were top Chinese companies such as Alibaba, Xiaomi and Huawei.
Alibaba chairperson Jack Ma said, “We are excited (about India). We are excited about Make in India also.”
Expressing similar sentiments, SANY chairperson Liang Wengen said, “We are hoping India offers a dynamic work force and huge market.”
Harbin Electric chairperson Zou Lei said, “We would like to bring more light to India, take advantage of Make in India. We have big plans for it.”
Modi will also address the Indian community in Shanghai at a reception. Earlier, he launched the Centre for Gandhian and Indian Studies at the Fudan University.
Later, Modi will leave for Mongolia as part of his second leg of the three nation tour.
On 15 May, Modi pulled out a smartphone during his visit to a temple and “extended his arm and cozied power-packed and most powerful selfies ever.
Not one to leave Gujarat alone, a skill and entrepreneurship development institute was announced to be set up in the state by the chief minister.
Besides Patel, PM Narendra Modi, Chinese Premier Li Keqiang, Gujarat chief minister Anandiben Patel, and Ahmedabad Mayor Minaxiben Patel were present when the agreement was signed.
“Mahatma Gandhi National Institute of Skill Development and Entrepreneurship would set up either in Ahmedabad or Gandhinagar,” according to a government release.
Meanwhile, Congress on 15 May criticised prime Minister Nareandra Modi for announcing e-visas facility for Chinese tourists without resolving the issue of stapled visas being given by China to the people from Arunachal Pradesh and Jammu and Kashmir.
Congress spokesman RPN Singh rued that New Delhi had agreed to the arrangement without Beijing first doing away with stapled visas.
“Diplomacy is all about quid pro quo,” Singh said, while pointing out the issue of e-visas was first raised by former prime minister Manmohan Singh.