Thirty Chinese companies to take part in Bengal biz summit

Thirty Chinese companies would participate in the upcoming Bengal Global Business Summmit (BGBS) to be held in the metropolis later this month.

Consul general of China in Kolkata Ma Zhanwu said that out of the 30, ten of them would be participating for the first time in the business summit to be held here on January 16 and 17.

The remaining 20 already have ongoing projects in India, he said briefing reporters here today.

He said that China was looking to build strong trade and business ties with the eastern region, particularly West Benga. The Belt and Road Initiative (BRI) and the Bangladesh, China, India and Myanmar (BCIM) corridor would help in supporting this effort.

Zhanwu said that Chinese companies looked for certain comforting factors like continuance of a stable bilateral relationship between the two countries.

"Whatever happened in 2017 in the bilateral ties of the two countries was a little scary," he said, adding a stable relationship would contribute to the increased confidence among Chinese business houses.

Zhanwu said that the governments of China and India should sign a treaty in this regard as well as one on the boundary issue.

China had been importing Darjeeling tea, jute, seafood, handicraft and garments from West Bengal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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