Govt working on increasing exports to China

Economic Affairs Secretary Shaktikanta Das said India is trying to increase exports to China with a view to bridge the trade deficit, which touched USD 46 billion in 2016.

Our commerce and trade department is working with China to increase our exports there. So that there is parity in trade with China, said Das during an interaction with Chinese media delegation here. The trade between India and China in 2016 was USD 71 billion.India had a very wide trade deficit of USD 46 billion.

In a series of tweets, the Finance Ministry also said India intends to increase exports to China and was working on that.

For sustainable trade relationship, balance of trade is required between India and China, the Ministry said, adding India would like to have greater market access to China.

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