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Chinese govt willing to see investment in Gujarat from 1000s & 100s of Chinese firms:Wei Wei

745 views · Published 7 September 2014 · 21:14 · Indexed 12 November 2026

Channel: DeshGujaratHD · 2014 · News & Politics

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In June 2014, Chinese Ambassador to India Wei Wei visited Gujarat and called on Gujarat Chief Minister. Wei Wei in his speech at opening function of Chinese firm TBEA’s plant in Karjan in central Gujarat had said: Both China and India have big population and to develop manufacturing industry is the most effective solution for employment. India intends to scale up its manufacturing output’s contribution to GDP from existing 16% to 25% by year 2022. China has intention and full capbility to help India to expand its manufacturing industries to grow, to improve the level of manufacturing goods, and to make India a manufacturing house like China.

Wei Wei had further said in his speech: “To improve manufacturing, Chinese type industrial parks need to be established, which is good for Chinese enterprises and investors who are now familiar with India’s circumstances.”

He further said, “China’s development was also generated by foreign investment in Chinese industrial parks. Such parks are also going overseas and there are already many successful cases. For example five large industrial parks are already established in Cambodia, Vietnam, Indonesia and other countries. And the Chinese embassy is finding the perfect location to establish Chinese Industrial park in India. Chinese government and Indian government have signed MoU for the establishment for such Chinese industrial park. and I think Gujarat state is perfect candidate for the same.”

He had said, “we also hope Indian enterprises can attract more and more Chinese business and funding to Gujarat. And at the same time we also encourage more Chinese companies just like TBEA to invest in Gujarat state.”

In reference to opening of TBEA plant, Chinese ambassador he had said, “the investment of TBEA Energy Indian Private Limited at Gujarat state is a successful case not only for Chinese companies to establish their facility in India, but also a successful case to show Chinese company’s capability of going overseas. My presence here is just to release the signal that Chinese government is willing to see investment in Gujarat state in India from 1000s and 100s of such Chinese companies.”

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