September 17, 2014
Progress has been made in the negotiations on the boundary question, and the two sides have worked together to maintain peace and tranquillity in the border area. Picture shows the India-China border in Arunachal Pradesh. Photo: AP
Xi Jinping, President of the People's Republic of China
The combination of the world’s factory and the world’s back office will produce the most competitive production base, writes Xi Jinping, President of China
My first visit to this ancient and magic land was 17 years ago, a time when the Indian economy was undergoing reform and beginning to show new vitality in growth. The market was booming in Mumbai, the economic centre. Bangalore was becoming increasingly famous as India’s Silicon Valley. And Bollywood movies and yoga were popular throughout the world. Its people were full of expectations and the ancient civilisation was rejuvenated.
Now 17 years later, I am about to once again visit India, an enchanting and beautiful land that has captured world attention. India is an emerging economy and a big developing country. It is Asia’s third largest economy and the world’s second largest exporter of software and agriculture products. A member of the United Nations, the G20, the BRICS and other organisations, India is playing an increasingly important role in the regional and international arena. The “Story of India” has spread far and wide. With the new government coming into office, a new wave of reform and development has been sweeping across India, greatly boosting the confidence of the Indian people and attracting keen international interest in its opportunities.
Progress in relations
Relations between China and India have made significant progress in the new century. The strategic and cooperative partnership for peace and prosperity has been established. China has become India’s largest trading partner, with their bilateral trade volume increasing from less than US$3 billion early this century to nearly US$70 billion. Mutual visits reached 8,20,000 last year. We have had close coordination and cooperation on climate change, food security, energy security and other global issues and upheld the common interests of our two countries as well as the developing world as a whole. Progress has been made in the negotiations on the boundary question, and the two sides have worked together to maintain peace and tranquillity in the border area. China-India relations have become one of the most dynamic and promising bilateral relations in the 21st century.
Our bilateral relations have reached where they are today as a result of the following efforts: we have deepened mutual trust by strengthening strategic dialogue and enhancing political confidence; we have brought more benefits to each other by expanding the areas of cooperation and making the pie of common interests bigger; we have forged closer friendship by encouraging more people-to-people exchanges and cementing popular support for our bilateral relations; and we have treated each other with sincerity by respecting and accommodating each other’s concerns and properly managing problems and differences.
Crucial stage of reform