CII welcomes business outcomes of PM Modi's visit to China

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New Delhi, May 17: Prime Minister Narendra Modi's visit to China has redefined the economic partnership between the two largest and fastest-growing developing economies in the world, industry body CII said today.

Welcoming the business outcomes of the visit, it said: "Prime Minister Modi's visit to China has redefined the economic partnership of the two largest and fastest-growing developing economies in the world".

CII welcomes PM Modi's China visit

In a statement, it said: "The Prime Minister personally took up matters of concern to industry, and CII's sense is that as a result, sentiments on both sides are very positive and upbeat."

[Foreign companies see turnaround in India, says CII DG]

In the presence of the Prime Minister at the India-China Business Forum in Shanghai, Indian and Chinese companies exchanged 24 agreements for cooperation totaling USD 22 billion including investments and financing across sectors, the statement said.

[Modi in China: Narendra Modi visits Terracotta Warriors Museum]

Chinese initiatives in the sectors of railways, skill development, public health and medical education will further build on economic cooperation between the two countries, it added.

PTI 

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