india-china

india - china 50 deal at new delhi

The 2nd India-China Strategic economic Dialogue held in New Delhi

The 2nd India-China Strategic Economic Dialogue was held in New Delhi on 26 November, 2012. During the 2nd meeting of the Dialogue, India and China discussed a wide range of topics including greater cooperation at the global level, strengthening communication on macro-economic policies, deepening and expanding trade and investment and promoting bilateral cooperation in the financial and infrastructure sectors. The proposals and recommendations made by the five Working Groups were considered during the 2nd Dialogue and directions given for their future activities.

India and China agreed that in the current global economic situation it was important to raise the level of economic engagement between India and China. The agreements are as following:

(i) Cooperation at the global level: Exchanging views on current global economic and developmental challenges, India and China recognized that as major developing economies, they needed to maintain close coordination and communication to pursue their common interests. Among them is the reform of international monetary and financial systems, stabilizing the volatility in global commodity markets, working towards sustainable development and climate change goals, and ensuring food and energy security. Both countries believe that the ongoing and future cooperation on existing and upcoming issues will greatly enhance mutual trust and expand common interests.

(ii) Strengthening communication on macroeconomic policies: Following detailed discussions on the global and national economic situations, the two countries agreed that development growth trends globally have weakened as a result of a number of factors since the onset of the global financial crisis. This included weakening demand in the developed markets, the ongoing Eurozone crisis, lower business confidence, and growing inflationary trends. Both sides seek to maintain continued economic growth while adjusting manufacturing and services, upgrading levels of technologies and skills, while developing the hard and soft infrastructure for encouraging economic growth. The two countries agreed that they would regularly conduct joint studies on issues of mutual interest, focusing on benefits of best practices and information exchanges.

(iii) Deepening and expanding trade and investment: With a view to promoting greater economic and commercial engagement, both sides recognized the need to explore potential synergies in areas where the two sides have mutual complementarities, improve trade and investment environments, work towards removing market barriers, enhance cooperation in project contracting, deepen business to business exchanges, improve transportation links, encourage greater bilateral investment and work towards achieving a more balanced and sustainable bilateral trade.

(iv) Expanding cooperation in the financial and infrastructure sectors: Both sides have agreed to intensify the cooperation in the financial sector by encouraging financial institutions of the two countries to set up operations in either country to support enterprises of the two countries to establish / expand commercial operations. Both sides agree to undertake studies in related areas including innovative financial methods to support the requirements of priority sectors particularly the infrastructure sector having significant scope for furthering economic development.

The main outcomes of the five Working Groups are as follows:

(a) In the Policy Coordination Working Group, both countries discussed plan priorities and ways and means of achieving plan targets recently unveiled in their 12th Five Year Plans. They exchanged views on skills development and industrial park development. The two nations also submitted assessment reports on the investment environments in each other’s country based on the experiences of the enterprises of the two countries and discussed possible solutions to improve the investment environment. India and China also agreed to carry out joint studies on planning cooperation and skills development for employability, and entered into related MoUs.

(b) In the Infrastructure Working Group, with its focus on enhancing railway cooperation, both countries exchanged views on the broad policies and plans for railway development in each other’s country. The two countries also discussed high-speed rail development programme, heavy haul and station development and entered into an MoU to exchange views and other related information in these areas.

(c) In the Energy Working Group, India and China briefed each other on the development of the power sector in the two countries, the ongoing cooperation in the power equipment sector, opportunities and challenges in the wind energy sector, the possibility of Chinese power equipment manufacturers setting up service centres in India and relevant policy environment to support the ongoing cooperation, and reviewed the small hydro power workshop that was successfully held in Beijing in October 2012.

(d) In the Environmental Protection Working Group, the two nations agreed to enhance cooperation in the implementation of energy efficiency projects through energy service companies (ESCOs), encouraging visits to industrial and manufacturing centres excelling in energy efficient initiatives, cooperate and jointly develop testing protocols and standards and have entered into a related MoU. The two sides also exchanged views on enhancing cooperation in water-saving technologies covering the areas of waste water recycling and water-efficient irrigation systems.

(e) In the Hi-Technology Working Group, the two countries agreed to enhance cooperation in the Information Technology and Information Technology Enabled Services (IT/ITES). Both sides also agreed to carry out / support joint studies to better understand the IT/ITES markets of each country and have entered into a related MoU in this area. The two sides also reached a consensus to explore the possibility of working together for developing common standards for digital TV, audio and video codec standards and mobile communication technology.

India and China signed the following MoUs:

(a) Memorandum of Understanding between the Planning Commission of the Government of the Republic of India and National Development and Reform Commission of the Government of the People’s Republic of China on Undertaking Joint Studies.

(b) Memorandum of Understanding between the Bureau of Energy Efficiency, Ministry of Power, Government of the Republic of India and National Development and Reform Commission of the Government of the People’s Republic of China on Enhancing Cooperation in the Field of Energy Efficiency.

(c) Memorandum of Understanding between the Ministry of Railways of the Government of the Republic of India and Ministry of Railways of the Government of the People’s Republic of China on enhancing technical cooperation in the railway sector.

(d) Memorandum of Understanding between the National Association of Software and Services Companies (NASSCOM), India and the China Software Industry Association (CSIA) on Enhancing Cooperation in the IT/ITES Sector.

India and China agreed that the 3rd India-China Strategic Economic Dialogue will be convened in China in 2013. They also agreed that prior to the 3rd Dialogue, the Working Groups would meet to implement the consensus and decisions agreed to by the two sides at the 2nd Strategic Economic Dialogue.

What is India-China Strategic Economic Dialogue?
Established during the visit to India of Wen Jiabao, Premier of the State Council of the People’s Republic of China in December 2010, the India-China Strategic Economic Dialogue is aimed at improving macro-economic policy coordination, promoting exchanges on economic issues and enhancing India-China economic cooperation. The 1st Dialogue had been successfully held at Beijing in September 2011 where the two countries agreed to constitute five Working Groups on policy coordination, infrastructure, energy, environment protection and high-technology. A working level delegation from China visited New Delhi in March 2012 following which the five Working Groups met in Beijing in the months of August and September 2012. This preparatory work has contributed immensely to the successful deliberations in and outcomes of the 2nd Dialogue.

Dr. APJ Abdul Kalam invited by China to teach at Peking University

China on 2 November 2012 invited Dr. APJ Abdul Kalam, the former President and Missile Man of India to teach at the Peking University of China. The nation also offered him the lab of his choice to work on with the students. The invitation came up during Dr. Kalam’s visit to the Beijing Forum by the Chairperson Zhu Shanlu of Peking University. 

About Bejing Forum 

Beijing Forum is the intellectual body backed by the Chinese Government, Chinese Ministry of Eductaion and the Beijing Municipal Government. It is co-sponsored by Beijing Municipal Commission of Education, Peking University, and Korea Foundation for Advanced Studies.

About Dr. APJ Abdul Kalam

Dr. APJ Abdul Kalam (Avul Pakir Jainulabdeen Abdul Kalam) served India as its 11th President and is reckoned as an eminent scientist of India. Also known as the Missile Man of India for development of Ballistic Missile and its launch Vehicle. Dr. Kalam has also worked as an aerospace engineer with the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO). 

After retiring as a President of India he has been sharing the knowledge with the young people and students of the nation. He is a visiting Professor to Indian Institute of Management Ahmedabad and Indian Institute of Management Indore. He is also a Chancellor at the Indian Institute of Space Science and Technology Thiruvananthapuram. He serves Aerospace Engineering at Anna University (Chennai) and JSS University (Mysore) as its Professor. Apart from all this he has been visiting different institutes across India as a visiting faculty. 

Awards won by Kalam 

•    He has been awarded with India’s highest Civilian honour, Bharat Ratna in the year 1997
•    In 1998    he was awarded with Veer Savarkar Award by Government of India
•    In the year 2012 was awarded with Doctor of Laws (Honoris Causa) by Simon Fraser University
•    He was conferred with Indira Gandhi Award for National Integration in 1997 by Government of India
•    He was conferred with Padma Vibhushan in the year 1990 by Government of India
•    In the year 1981 he was awarded Padma Bhushan
•    Royal Society of U.K. awarded him King Charles II Medal    in the year 2007. 
•    University of Wolverhampton, U.K awarded him Honorary Doctorate of Science in the year 2007




















INDIA OFFERED TO CHINA TO BUILD BUDDHA TEMPLE IN LUOYANG . INDIAN STYLE BUDDHIST TEMPLE ON WESTERN SIDE OF WHITE HOUSE TEMPLE.

India and china

India and China are ready to enhance defense and security dialogue and work in the

direction of achieving the bilateral trade target of 100 billion dollars.

The agreement reached on the sidelines of the Rio+20 Environment Summit

during a dialogue b/w Indian PM Manmohan Singh and his Chinese PM Wen

Jiabo. India invited Chinese investment in infrastructure in India.

Both nations will establish strategic and cooperative partnership for peace and

prosperity.

Indian will soon start exporting basmati rice to China as both countries agreed

on a mutually agreeable quarantine protocol.

In the context of trans-border rivers issue, China assured that its hydropower

project on Brahmaputra River in Tibet will not stop the water flow to India. It

said that the dam is not that big to affect the lower riparian regions in India.

China activity on Brahmaputra won’t impact India
External Affairs Minister S.M. Krishna ascertained that construction activity on the Brahmaputra river at Zangmu on
the Chinese side is a run-of-the-river hydro-electric
project which will not adversely impact the downstream
areas in India.
External Affairs Minister S.M. Krishna held that changes in
river flows are caused by natural factors like hydrometeorology
and climate changes. There has neither been any
abnormal rise nor fall in the flow of the river on the Chinese
side. Mr. Krishna also recalled the promise given by the
Chinese government that the development of upstream areas
of the Brahmaputra will never harm downstream interests.
The Zangmu Dam is a dam currently under construction on the Brahmaputra River northwest of Gyaca in the Tibet
Autonomous Region of China. The purpose of the dam is hydroelectric power production. The dam is part of the
Zangmu Hydropower Project and will support a 510 MW power station.











Govt raises concerns over agricultural exports to China
India held that China has not provided "sufficient scientific evidences" for restricting export of its
agricultural items to the neighbouring country. China has banned imports of Indian basmati rice, fruits and
vegetables.
The issue of market access for Indian agricultural products has consistently been taken up with the Chinese
authorities but the Chinese authorities repeatedly requested lifting India’s ban on import of milk and milk
Current Affairs Published on www.gktoday.in from January 1, 2012 to
September 10, 2012
products from China which was extended for six months on December 26, 2011. The export of basmati rice from India
to China could not commence because of the issues of pest control and monitoring of quarantine pests in processing
and storage houses in India.












A New Chapter in India China bilateral relations: Maritime Cooperation
India and China moved onto a new bilateral relation as they agreed upon a joint-declaration on:
 Sea Piracy
 Technological know-how on seabed research
The first offer aims to demand the Coast Guards, the Air-forces and Navies of both the nations to work in unison against the pirates. The modalities to be figured out by a mutual group.
The second proposal aims to share technological know-how on sea-bed research falling outside the domain of coastal countries. The aim of this second proposal is to ducking India’s apprehensions after China was allowed by the International Seabed Authority to explore in the south-west Indian Ocean.




China thanks India for curbing Tibetan protests
China on one side blamed the Dalai Lama for stirring up extremist views in Tibet and at the other side it
thanked India for taking “effective and concrete” steps to curb protests by Tibetans during President Hu
Jintao’s visit. Jamphel Yeshi, a 27-year-old Tibetan, died after setting himself ablaze to protest President
Hu Jintao’s India visit for the BRICS meeting in New Delhi. China held that Dalai Lama and so-called profreedom
Tibetan activists were pushing extreme radical views by glorifying extreme behaviour which is not consistent
with Buddhism. Chinese appreciated effective and concrete measures taken by government of India in order to control
the protests.










India, China to enhance Defense, Security Dialogue, reach $100 Billion
Trade Target
India and China are ready to enhance defense and security dialogue and work in the direction of achieving the bilateral
trade target of 100 billion dollars.
 The agreement reached on the sidelines of the Rio+20 Environment Summit during a dialogue b/w Indian PM
Manmohan Singh and his Chinese PM Wen Jiabo. India invited Chinese investment in infrastructure in India.
 Both nations will establish strategic and cooperative partnership for peace and prosperity.
 Indian will soon start exporting basmati rice to China as both countries agreed on a mutually agreeable
quarantine protocol.
 In the context of trans-border rivers issue, China assured that its hydropower project on Brahmaputra River in
Tibet will not stop the water flow to India. It said that the dam is not that big to affect the lower riparian regions
in India.



China suspends Indian rapeseed meal imports
With effect from Jaunary 1, 2012, imports of Indian rapeseed meal has been suspended by
China.
Why this Indian Rapeseed meal suspended by China?
This was done following alleged malachite green contamination found in some of the
consignments of rapeseed meal exported by India.







15th Round of Indo-China Border Talks begins in New Delhi
 Special Representatives from India and China meet in New Delhi from January 16 for the fifteenth round of
border talks.
 India and China have already concluded an agreement on political parameters and guiding principles to address
the border issue in 2005.
 In addition to the India-China boundary issue discussions on a wide range of bilateral, regional and global issues
of mutual interest are expected to be held in the two day deliberations.
 India is represented by National Security Adviser, Shivshankar Menon.
 China represented by State Councillor and special representative Dai Bingguo.




Xinjiang evinces interest to trade directly with India
China’s Muslim dominated, Xinjiang Uyghur province looks effervescent to open up direct border trade with India.
Currently, trade is carried out through Pakistan as there are no border posts. India and Xinjiang traders meet annually
at Rawalpindi to discuss the trade volume and items. Xinjiang in keen on developing direct trade links betweenNew
Delhi and Kashghar, a border town in Xinjiang, located at 1200 km from Delhi. In 2011, Xinjiang overall turnover was
at $22.8 billion with neighbouring countries, thus it promises huge potential of trade.
 Xinjiang is experiencing ethnic turmoil for the past several years with the Uyghurs protesting against the
increasing settlements of Han Chinese.









India China Agree on a Joint Working mechanism for Border Issue
 India and China have agreed to establish a working mechanism on consultation and coordination on border
issues.
 The agreement in this effect has been signed at the end of the two-day meeting of the Special Representatives of
the two countries in New Delhi.
 India was represented by the National Security Advisor and Special Representative Shiv Shankar Menon and the
Chinese side by his counterpart and State Councilor Dai Bingguo.
 With this pact, India and China have agreed that they should prepare a kind of joint agreed record to indicate and
spell out the kind of progress made so far.
 The working mechanism will be headed by a Joint Secretary in the Ministry of External Affairs and a Director
General level officer of China.
 The mechanism will study ways and means to conduct and strengthen exchanges and cooperation between the
military personnel and establishments of the two sides in border areas and will undertake other tasks that are
mutually agreed upon.
 It was decided that the mechanism will hold consultations once or twice a year.