Source: News Bharati English25 May 2016 12:08:19

Guangzhou, May 25: President Pranab Mukherjee said India's policy towards China is expanding areas of cooperation, reducing differences while addressing the Indian community in Guangzhou, China, yesterday, on the first day of his four-day state visit to that country.

Addressing the Indian community, the President said India’s policy towards China is expanding areas of cooperation, reducing differences. Frequent bilateral visits reflect expanding relations between the two great nations.  

“There has been phenomenal progress in bilateral relations since 1990. Trade between the two countries has increased from US $ 2.9 billion in 2000 to more than US $ 71 billion today. There is immense potential for growth in trade, investment and mutual economic cooperation”.

“India and China are closely cooperating with each other in most multilateral format. India, a founding member of WTO supported the membership of China from day one. It argued in WTO that it is wrong to keep China with its vast population out of the WTO. India and China both are founding members of G-20. As the most advanced emerging economies, they are making major contributions to world growth”. 
He said if 2.5 billion people of India and China come together and walks together; it will be a great event. Intensifying cooperation in trade, investment, development experience, sharing of best practices and cooperating in all areas is the biggest guarantor of peace, development and prosperity. This will ensure the onward march to progress of both nations.

President said members of the Indian Community are unofficial ambassadors of India in the country in which they live.

“They carry part of India in their hearts at all times. India is proud of its diaspora. He invited the Indian diaspora to contribute its best to the gigantic task underway of transforming lives of billions of Indians”, he added.