The Ministry of Commerce responded to India's removal of Chinese APPs: Hope to treat foreign investors fairly

　　Zhongxin Finance, February 17. On the 17th, at the regular press conference of the Ministry of Commerce, some media mentioned that 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 were Products of Chinese companies, and on the 15th, the Indian tax department conducted searches on multiple premises of some Chinese-funded companies in India.

　　Gao Feng, a spokesman for the Ministry of Commerce, responded that China and India are important economic and trade partners to each other and hope that India will treat all foreign investors, including Chinese companies, in a fair, transparent and non-discriminatory manner.

　　Gao Feng mentioned that for some time, 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.

　　"Foreign investors, including Chinese companies, are increasingly concerned about India's investment environment. Foreign investors have created a large number of local employment opportunities in India and made positive contributions to India's economic development. I hope that the Indian side will improve the business environment, Treat all foreign investors, including Chinese companies, in a fair, transparent and non-discriminatory manner," Gao Feng said.

　　He said that China and India are inseparable neighbors and important economic and trade partners for each other.

In 2021, the bilateral trade volume between China and India will reach US$125.7 billion, a year-on-year increase of 43%, breaking the US$100 billion mark for the first time.

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 and benefit the two countries and peoples.

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