30 Chinese firms to take part in BGBS Summit

Kolkata: Thirty Chinese companies would participate in the upcoming Bengal Global Business Summit (BGBS) to be held at the Convention Centre in New Town on January 16 and 17. Consul General of China in Kolkata Ma Zhanwu said out of 30 companies, 10 of them would be participating for the first time in the business meet.

"These 10 companies will explore business opportunities in the state while the remaining 20 have ongoing projects in the country," Zhanwu told reporters at a press conference.

"All the companies are very keen to hear from the Chief Minister of Bengal about the new initiatives of the government and the steps towards ease of doing business here. Trade and commerce with the country particularly with eastern India including Bengal is our priority," he added.

According to the Consul General, China is looking forward to build strong trade and business ties with the eastern region, particularly Bengal. "The Belt and Road Initiative (BRI) and the Bangladesh, China, India and Myanmar (BCIM) corridor would help in supporting this effort," he added. It may be mentioned that there are 20 Chinese funded companies currently active in Kolkata. "Among the companies that will be participating in BGBS this year, a good number are from the manufacturing sector that includes automobile, textiles, electronics, construction & engineering," Zhanwu said.

It may be noted that Chief Minister Mamata Banerjee is leaving no stone unturned to bring investment in the manufacturing sector.

The Consulate General of China in Kolkata has partnered with the Indian Chamber of Commerce (ICC) to host a special B2B session between a Chinese business delegation and an Indian business delegation on January 16. Responding to a query on border issues, Zhanwu feels that both the Indo-China government should sign a treaty on the boundary issue.