China News Agency, Beijing, February 17 (Reporter Li Xiaoyu) In response to India's recent frequent "stumbling blocks" to Chinese companies, Chinese Ministry of Commerce spokesman Gao Feng said on the 17th that China is "serious" about this, and hopes that India will be fair, Treat all foreign investors, including Chinese companies, in a transparent and non-discriminatory manner.
According to reports, the Ministry of Electronics and Information Technology of India issued a ban on 54 APPs on the grounds of "security threats" on the 14th, most of which are products of Chinese companies, and on the 15th, the Indian tax department banned some of the Chinese companies in India. The place was searched.
In this regard, Gao Feng said at a press conference held on the same day that the relevant Indian authorities have taken a series of measures to suppress Chinese companies and related products in India, which have seriously damaged the legitimate rights and interests of Chinese companies. China expresses serious concern about this.
He said that foreign investors have created a large number of local employment opportunities in India and made positive contributions to India's economic development.
It is hoped that the Indian side will improve the business environment and treat all foreign investors including Chinese companies in a fair, transparent and non-discriminatory manner.
At present, India is China's largest trading partner in South Asia, and China is India's largest trading partner.
According to Chinese statistics, the bilateral trade volume between China and India will reach US$125.7 billion in 2021, a year-on-year increase of 43%, breaking the US$100 billion mark for the first time.
Gao Feng said that China and India are "neighbors that cannot be moved" and are each other's important economic and trade partners.
The economic and trade cooperation between the two countries has strong resilience and great potential.
It is hoped that the Indian side can take concrete measures to maintain the sound development momentum of bilateral economic and trade cooperation.
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