India and China should continue to strengthen cooperation in trade facilitation and create favourable conditions for expanding bilateral trade scale to help alleviate trade imbalances, a senior Chinese official said on Thursday. She said that for a long time, the imbalance in trade in goods between the countries has been one of the factors troubling economic cooperation. China is fully aware that balanced trade is sustainable and beneficial to both sides. The official suggested that the Indian side should focus on the concept of Compatibility, Competitiveness, Creativity, and Cooperation. Changyu said that Chinese enterprises have responded positively to the strategy of 'Make in India' and 'Digital India' and their investment in India has exceeded USD 8 billion.

Source: dna October 11, 2019 03:33 UTC