Forging International Ties, Magazines - Launches

The biggest platform for Indian and Chinese entrepreneurs to interact with each other, the China Products (Mumbai) Exhibition was held in Mumbai for the seventh time from December 10-12, 2009.This annual event facilitates the striking of deals, joint ventures and the signing of major contracts between Indian and Chinese businessmen.The threeday event—which saw more than 40,000 visitors from across Asia— resulted in business deals worth about Rs 100 crore this year.

The past year saw a lot of economic fluctuations on the international front, the repercussions of which are still being felt today. However, the trade scenario between India and China is getting better and better. Bilateral trade, which rose 34 per cent to $51.8 billion in 2008, is likely cross the $100 billion mark within the next five years.

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􀂄 Trade between India and China will likely cross the $100 billion mark within the next five years

􀂄 More than 260 booths representing a spectrum of industries

China is aggressively pursuing partnerships and business plans with India as the two countries are expected to dominate world trade in the years to come. Reflecting this optimism, the current trade show recorded a massive jump in the number of booths—to a record high of over 260—covering an extensive range of products across a wide section of industries. These include infrastructure, construction and interiors, cosmetics and beauty products, diesel engines and diesel generator sets, electrical appliances, electronics, fabrics and garments, food and beverages, gifts and toys, glassware, handicrafts, hardware and tools, health and hygiene, home appliances, industrial products, sanitary ware, stationery and water pumps.

The trade show was organised by the China Council for the Promotion of International Trade (CCPIT) and sub-councils of commercial industry, Guangdong, Ningbo and Hangzhou. The exhibition was supported by the All India Association of Industries (AIAI) and the India-China Chamber of Commerce and Industries (ICCCI). The event was managed by Worldex India and Worldex China.

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