CALCUTTA(PTI): A nine member Chinese delegation on Oct,1 identified 11 areas of joint venture with India, saying there were interested in setting up business as the two countries shared the Same: ideals.
Ava meeting with members of the Bengal National Chamber of Commerce and industry, the leader of the delegation, Zhou Zulin of the department of China electronic import-export corporation, said that among the industries which interested China were essential balms, radio recorder, telephone set, sewing machine, pesticide, insecticide, hen feeding, and citric acid plants.
He said that for the start China was interested in supplying raw materials and technology followed by Siting up of a production line if there was a ready market.
Zulin indicated that his country was not particular about the stake in the equity of the joint venture adding that cooperation between the two developing countries was among important.
There were also a host of commodities in which the members of the delegation were interested for export in India, he said.
Article extracted from this publication >> October 8, 1993
