If the COVID-19 pandemic marks an acceleration of the shift in global power towards Asia, then it is imperative for the sake of humanity that India and China both benefit from such a shift in equal measure.
To enhance cooperation and exchange between China and India and to further develop the traditional friendship of the two countries, it is important that they understand each other and take care of each other’s interests
It is not enough that the global economy should recover fast after the crisis. Rather, making the world free of poverty, and also bridging wealth disparities, must become a primary goal of global development.
While being a logical continuation of the previous FYP, China through its 14th FYP has refocused on some of the most pressing needs of the people and nations that would like to work hand in hand with China to build a prosperous world with a shared economy.
China’s progress has bought us some time to align our fates with global responsibility. Such prospects should rekindle trust, if we work together seriously.
The 2021 Government Work Report presents a brighter picture not only for China but also the global economy, despite some challenges.
In the future, the Indian government needs to strictly implement the India-China Bilateral Investment Treaty, take practical measures to safeguard the legitimate rights and interests of Chinese enterprises investing in India, and provide a safe, fair and predictable business environment for foreign enterprises, including those from China.