Wednesday, September 17, 2014

Towards an Asian century of prosperity - The Hindu

  • EASING TENSION:Progress has been made in the negotiations on the
    boundary question, and the two sides have worked together to maintain
    peace and tranquillity in the border area.


 

 The combination of the world’s factory and the world’s back office
will producethe most competitive production base, writes Xi Jinping ,
President of China

My first visit to this ancient and magic land was 17
years ago, a time when the Indian economy was undergoing reform and
beginning to show new vitality in growth. The market was booming in
Mumbai, the economic centre. Bangalore was becoming increasingly famous
as India’s Silicon Valley. And Bollywood movies and yoga were popular
throughout the world. Its people were full of expectations and the
ancient civilisation was rejuvenated.
Now 17 years
later, I am about to once again visit India, an enchanting and beautiful
land that has captured world attention. India is an emerging economy
and a big developing country. It is Asia’s third largest economy and the
world’s second largest exporter of software and agriculture products. A
member of the United Nations, the G20, the BRICS and other
organisations, India is playing an increasingly important role in the
regional and international arena. The “Story of India” has spread far
and wide. With the new government coming into office, a new wave of
reform and development has been sweeping across India, greatly boosting
the confidence of the Indian people and attracting keen international
interest in its opportunities.
Progress in relations
Relations
between China and India have made significant progress in the new
century. The strategic and cooperative partnership for peace and
prosperity has been established. China has become India’s largest
trading partner, with their bilateral trade volume increasing from less
than US$3 billion early this century to nearly US$70 billion. Mutual
visits reached 8,20,000 last year. We have had close coordination and
cooperation on climate change, food security, energy security and other
global issues and upheld the common interests of our two countries as
well as the developing world as a whole. Progress has been made in the
negotiations on the boundary question, and the two sides have worked
together to maintain peace and tranquillity in the border area.
China-India relations have become one of the most dynamic and promising
bilateral relations in the 21st century.
Our
bilateral relations have reached where they are today as a result of the
following efforts: we have deepened mutual trust by strengthening
strategic dialogue and enhancing political confidence; we have brought
more benefits to each other by expanding the areas of cooperation and
making the pie of common interests bigger; we have forged closer
friendship by encouraging more people-to-people exchanges and cementing
popular support for our bilateral relations; and we have treated each
other with sincerity by respecting and accommodating each other’s
concerns and properly managing problems and differences.
Crucial stage of reform
Both
China and India are now in a crucial stage of reform and development.
The Chinese people are committed to realising the Chinese dream of great
national renewal. We are deepening reform in all sectors. The goal has
been set to improve and develop the socialist system with Chinese
characteristics and advance the modernisation of national governance
system and capability. A total of over 330 major reform measures
covering 15 areas have been announced and their implementation is well
underway.
Under Prime Minister Narendra Modi’s
leadership, the new Indian government has identified ten priority areas
including providing a clean and efficient administration and improving
infrastructure. It is committed to building a united, strong and modern
India — Shreshtha Bharat. The Indian people are endeavouring to achieve
their development targets for the new era. China and India are both
faced with historic opportunities, and our respective dreams of national
renewal are very much aligned with each other. We need to connect our
development strategies more closely and jointly pursue our common dream
of national strength and prosperity.
As emerging
markets, each with its own strengths, we need to become closer
development partners who draw upon each other’s strengths and work
together for common development. With rich experience in infrastructure
building and manufacturing, China is ready to contribute to India’s
development in these areas. India is advanced in IT and pharmaceutical
industries, and Indian companies are welcome to seek business
opportunities in the Chinese market. The combination of the “world’s
factory” and the “world’s back office” will produce the most competitive
production base and the most attractive consumer market.
As
the two engines of the Asian economy, we need to become cooperation
partners spearheading growth. I believe that the combination of China’s
energy plus India’s wisdom will release massive potential. We need to
jointly develop the BCIM Economic Corridor, discuss the initiatives of
the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and
lead the sustainable growth of the Asian economy.
As
two important forces in a world that moves towards multipolarity, we
need to become global partners having strategic coordination. According
to Prime Minister Modi, China and India are “two bodies, one spirit.” I
appreciate this comment. Despite their distinctive features, the
“Chinese Dragon” and the “Indian Elephant” both cherish peace, equity
and justice. We need to work together to carry forward the Five
Principles of Peaceful Coexistence (the Panchsheel), make the
international order more fair and reasonable, and improve the mechanism
and rules of international governance, so as to make them better respond
to the trend of the times and meet the common needs of the
international community.
As Deng Xiaoping puts it, no
genuine Asian century would come without the development of China,
India and other developing countries. We are ready to shoulder this
mission of our times and work actively to enhance friendship between
China and India. I look forward to an in-depth exchange of views with
Indian leaders on our bilateral relations during the visit, and to
injecting new vitality to our strategic and cooperative partnership for
peace and prosperity.
I am confident that as long as
China and India work together, the Asian century of prosperity and
renewal will surely arrive at an early date.
(Xi Jinping, the President of the People’s Republic of China, is on a three-day visit to India starting today.)
I look forward to injecting new vitality to our strategic and cooperative partnership for peace and prosperity

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