MUMBAI, INDIA - Mr. Li Jiping, Vice Chairman, Chinese People’s Political Consultative Conference (CPPCC) led a high-level delegation from the Quanzhou Region for an interactive meeting with the business community at the World Trade Centre Mumbai (WTC Mumbai) on December 8, 2015. The meeting was jointly organised by WTC Mumbai and All India Association of Industries (AIAI) at World Trade Centre. The delegation included Mr. Wang Kesi, Vice Chairman, The Development and Reform Commission of Quanzhou, Mr. Huang Yanping, Chairman, China Council for the Promotion of International Trade (CPPIT) Quanzhou Municipal Branch, Ji Shixian, Executive Vice President, An Sheng Shipping Co. Ltd, Wen Jinhui, Deputy Director, Foreign Affairs & Overseas Chinese Affairs Office HK & Macau Affairs Office of Quanzhou Municipal People’s Government.

Mr. Jiping said that India can collaborate on emerging industries in Quanzhou such as life science, pharmaceuticals, energy savings, environment protection and renewable energy equipments. Indian companies can benefit from the comprehensive reforms being implemented in financial, services and industrial sectors in China. Quanzhou is a major port city in China and its port was listed as one of the 15 coastal ports fully supported by the Chinese government.

Mr. Jiping informed that Quanzhou is known as ‘Special Zone of Private Economy’ having over 45,000 private enterprises who contribute 92% to the total industrial output of the municipal region. He further informed that Quanzhou is honoured as one of the ‘top 40 cities with the hard environment best for investment’ and the city with the best potential for investment in People’s Republic of China’s 60 years of existence. Mr. Jiping pointed out that the leading sectors in Quanzhou city are silk, porcelain, art work, shipping and logistics.

Capt. Somesh Batra, Vice Chairman, World Trade Centre Mumbai in his address said that both the countries must collaborate to exploit their mutual complementarities. He specifically mentioned that solar energy, infrastructure, transport are potential areas of collaboration between them. Inviting Chinese companies to invest in India, Capt. Batra pointed out that India has a big consumer market, cheap labour and high economic growth.

Meanwhile, officials from An Sheng Shipping Co. Ltd, which is part of the delegation, evinced interest to open an office in World Trade Centre Mumbai.

Mr. Yanping invited Indian companies to explore business opportunities with their counterparts in Quanzhou. He assured that the Quanzhou Municipal Branch of CPPIT would assist Indian companies in case of commercial disputes with their Chinese counterparts.

An introductory film on the social, economic, political, geographical features of Quanzhou city of China was shown as a visual introduction to Quanzhou.

In Photo: Mr. Li Jiping, Vice Chairman, CPPCC (on the left) presenting a memento to Capt. Somesh Batra, Vice Chairman, WTC Mumbai (on the right) at an interactive meeting with a high-level delegation from Quanzhou Region on December 8, 2015.

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