China News Service, April 29. Recently, the epidemic situation in India has gone out of control. In response to the issue of "How will China-India trade be affected?" Both countries are large developing countries and major emerging economies, with strong economic complementarities and great potential for cooperation.
In 2020, the bilateral trade in goods between China and India will reach 87.6 billion U.S. dollars, which is much lower than India's decline in global trade in goods, demonstrating the strong resilience of bilateral trade cooperation.
Since the beginning of this year, bilateral trade in goods between China and India has achieved rapid growth.
From January to March, the bilateral trade volume reached 27.7 billion U.S. dollars, a year-on-year increase of 42.8%.
Gao Feng said that according to our understanding, relevant Chinese companies have taken active actions, and the first batch of Chinese-made oxygen generators have arrived in India.
China will continue to uphold the concept of building a human health and health community, and is willing to work hand in hand with India to jointly respond to the global and regional economic challenges posed by the epidemic, and provide the Indian people with support and assistance within its capacity in accordance with the needs of India at any time.