Modi's China Visit: 21 agreements worth $22 billions signed

May 16, 2015 13:33

The PM also assured Chinese CEOs of his personal attention

"You must be sensing the winds of change in India. I only advise to you to come and feel the same. I assure you of my personal attention for your success," PM Modi said.

"India-China partnership should and will flourish," the PM said while addressing the India-China Business Forum in Shanghai.

Twenty-one agreements worth $22 billion were signed at the India-China Business Forum.

"China and India are two great and old civilizations. I strongly believe that this century belongs to Asia and Buddhism will be the unifying force between the Asian countries," PM Modi said with "Make in India" logo in the backdrop at the podium.

Addressing the forum, PM Modi highlighted contributions of India in China's growth and how both can contribute to each other's development.

PM Modi said that "India and China have a lot in common and we can do a lot together".

"India has always been a knowledge society. You have been an innovating society. The Indian concept of Zero and that of nine planets have been helpful in discoveries in China. So, our ideas had a role to play in your innovations," the PM said.

"As we helped each other growing spiritually, we have to help each other growing economically," the PM said.

PM Modi said that India offers historic opportunity for Chinese industry. "We want to promote manufacturing in a big way particularly to create jobs for our youth who form 65% of our population," the PM said.

The PM said that the government is constantly working to improve business environment.

"We are constantly improving the ease of doing business in India," the PM said.

"You would already be knowing the direction of my government and the steps we are taking. We have committed ourselves for creating and improving the business environment. I can assure you that once you decide to be in India, we are confident to make you more and more comfortable," the PM said.

"You are the factory of the world. We are the back office of the world. Together we can bring about progress and prosperity for both countries," PM Modi said.