Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Govt working to increase exports to China, says Shaktikanta Das.


Date: 14-02-2017
Subject: Govt working to increase exports to China, says Shaktikanta Das
"Our Commerce and Trade Department is working with China to increase our exports there so that there is parity in trade with China," Das said in a tweet.

Das held a meeting with the Chinese media delegation here.

"For sustainable trade relationship, balance of trade is required between India and China. There has to be evenness and balancing regarding our huge trade deficit... So we are able to move together," he added.

Total trade between India and China in 2016 was 4.7 lakh crore (approximately). India had a very wide trade deficit of Rs 3.0 lakh crore (approximately) in this.

"We are very strong in IT software and pharma. We would like to export these to China along with fruits, fish and vegetables," he said.

"We would like to have greater market access to China. So far as government is concerned, our economic policy is to have a very good economic partnership with China," he added.

"We are looking for more inflow of investment from China. Our embassy is working closely with China for this. We value our economic relations with China," he said.

Chinese President Xi Jinping during his visit to India in 2014, had announced around Rs 1.3 lakh crore (approximately) investment in India, which has started flowing now.

"Now in India, you can start a new company in just two days by getting online permissions. We have simplified many procedures to increase ease of doing business. Clearances are given very quickly," Das added.

The Economic Affairs Secretary further said that Goods and Services Tax (GST) will improve business environment and GDP growth.

"Last time when I was in China, they showed a lot of interest in our GST," he said.

Source: indiatvnews.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 19-07-2025
Notification No. 34/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A.

Date: 18-07-2025
Notification No. 33/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition.

Date: 16-07-2025
Notification No. 47/2025-Customs (N.T.)
Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s. Ammega Belting India Pvt. Ltd. -reg

Date: 15-07-2025
Notification No. 46/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 44/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 32/2025-Customs
Seeks to amend Notification No.130/2010- Customs dated 23.12.2010 to extend the exemption benefits to Air Canada.

Date: 13-06-2025
Notification No. 43/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 11-06-2025
Notification No. 42/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001