New Delhi; 10th July, 2017: India China Economic and Cultural Council (ICEC) in association with Dongguan Municipal Govt., China organized a promotional seminar of 2017 Guangdong 21st Century Maritime Silk Road International Expo at Shangri-La Hotel. The expo will be held in Guangdong Province from September 21 to 24, 2017. This platform will promote economic, trade and cooperation relations between businesses in India & China.
Present were Mr. S.K. Jha, Senior Director (Handicrafts), Office of the Development Commissioner (Handicrafts), Govt. of India; Mr. Chen Qingsong, Deputy Secretary-General of Dongguan Municipal Government; Ms. Li Rongrong, Second Secretary, Economic & Commercial Counsellor’s Office, Embassy of the People’s Republic of China in India; Mr. Mohd. Saqib, Secretary General – ICEC; & business delegation from India & China.
During the announcement event Mr. S.K. Jha, said that Industry is focusing on China as an emerging market particularly in sectors like handicrafts. The shift is taking place from commodity exports to manufactured goods but India has to move to value added segment of exports. This would be the only way to reduce the widening trade deficit. The exhibition provides an excellent platform for Indian companies towards entering China consumer market with a $ 3.8 trillion turnover per year.
Mr. Chen Qingsong, during his keynote speech said that three sessions have been successfully held in Dongguan City, Guangdong Province so far. The latest one in 2016 attracted participation from 73 countries and regions along Maritime Silk Road. 1,526 exhibitors and 238,000 visitors were recorded. 700 projects involving a contracted amount of 30 billion RMB in total were signed. The Expo has drawn even more attention from the international community, he added.
In the first 21st Century Maritime Silk Road International Expo back in 2014, 13 Indian enterprises participated in the Expo, impressing all visitors with the great commodities in the Indian Pavilion and the wonderful performance in the Tourism Culture Exhibition. Last year, a total number of 104 Indian exhibitors took part in the Expo, reaching a sales volume of USD 63 million. Now, I would like to extend my sincere gratitude on behalf of the MSRE Secretariat for your great support. I sincerely hope that relevant authorities of India could render their strong support to the Exposition, which will be crucial for the success of this event, he further added.
In her welcome address Ms. Li Rongrong, thanked the media, delegates & other official dignitaries present. She said that the upcoming exhibition is an excellent opportunity to extend the business cooperation between Guangdong province and India. The governments of both the countries are keen to facilitate more trade and investments. In recent years, with the joint efforts of the leaders and peoples of two countries, China-India relations are developing in an all-around manner. The upcoming Exposition, is another concrete step taken by the Chinese Government to promote international trade between China and South Asian countries, she said.
In his concluding remarks, Mr. Saqib – Secretary General – ICEC Council, said that the expo aims to promote trade relations between India & Guangdong province as well as an opportunity to promote Indian business & products thus promoting foreign trade. The seminar has really helped in getting to know more about the Guangdong and more specifically about the business opportunities that exist in the region. These kind of interactions should take place more frequently which will help in bridging the gap between the two nations, said Mr. Saqib. He further added that ICEC Council has an office in Guangdong and Indian Companies who are interested in exploring the business opportunities in China can get in touch with us. ICEC provides professional advisory services to its membership.