Saturday, February 12, 2011
China to explore business opportunities in Bihar !!
Consul general of China based at Kolkata Zhang Lizhong would lead a delegation of Chinese business and industry circles to Bihar in the near future to explore possible tie-ups with Bihar industrial and business groups to establish trade and industrial activities in joint venture.
Lizhong, who takes care of such explorations in the eastern Indian states of West Bengal, Orissa, Chhattisgarh and Bihar, said that Bihar under CM Nitish Kumar has become an “attractive” proposition for joint-venture business and industrial activities.
Lizhong, who was interacting with the state’s trade and industry circles at a meet organized by the Confederation of Indian Industry (CII) at a premier hotel here, said that 20 Chinese companies have set up their business houses in Kolkata alone. On the other hand, nine other companies have shown interest to start 14 units in the eastern states, including in the steel sector.
According to him, Bihar had a long tradition of association with China as the latter’s saints visited it during the ancient period. That apart, both India and China have fixed a goal and target to augment their trade volumes, he said, and added that this had opened a new opportunity both for China and Bihar industrial and trade circles to start their mutually advantageous business activities.
He also said that Kolkata had a significant number of people of Chinese origin, and they were living in complete harmony with the local people there, as he had experienced during his interactive meet with them.
Source: China to explore business opportunities in Bihar
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