ICEC & Federation of Returned Overseas Chinese Liaoning Province Sign MOU

On 14th of December, 2018, delegates from Liaoning Province visited ICEC to build India China partnership in the area of entrepreneurship. The group was led by Ms. Wang Zhao Xia, Party Secretary Chairman and Ms. Shi Lingzhi, Standing Director, Federation of Returned Overseas Chinese Liaoning Province. They were joined by five companies from Liaoning Province who were looking to enter the Indian market.

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To further the cooperation on bilateral economic and investment exchanges, both the organizations reached an agreement on friendly cooperation relationship. During their interaction, the importance of promoting various activities of both sides and to render assistance to both-side enterprises for exchanging visits, and business exchanges and cooperation was agreed upon. Given the rich network of the Federation with 30, 000 enterprises as its members and ICEC with large membership as well, participation in activities held by both sides and to exchange investment and market and enterprise information, and to provide facilities to both-side enterprises in trade and investment cooperation was emphasized. Madam Wang expressed that it was the beginning of a new journey between Indian and Chinese enterprises through the MoU.

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Towards the latter half of the meeting, the enterprises which were from the cosmetics, plastic surgery equipment, medical equipment, construction machinery and traffic light manufacturing sectors, gave their introduction and discussed with ICEC on how to start their business in India.
In order to further their understanding of India along with its way of doing business and trade, ICEC facilitated a meeting for the Federation with the Indian Importers Chambers of Commerce and Industry, New Delhi.