China-India bilateral trade volume jumps 15.4 pct in Q1

Updated 2018-04-26 16:41:01 Xinhua

China's trade with India saw robust growth in the first quarter, with bilateral trade hitting 22.1 billion U.S. dollars, up 15.4 percent year on year, official data showed Thursday.

The growth continued from the upward momentum seen last year, when bilateral trade reached a record high of 84.4 billion U.S. dollars, up 20.3 percent from the previous year, according to Gao Feng, spokesperson for the Ministry of Commerce.

"As two large developing countries and major emerging market economies, China and India both have a huge domestic market," Gao said. "The economies of both countries are highly complementary to each other, creating enormous potential for cooperation."

"By the end of 2017, Chinese investments into India added up to more than 8 billion U.S. dollars, as India has become an important market for infrastructure cooperation among Chinese companies and a major investment destination," Gao said.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58May 25 2018 01:36:04

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16May 25 2018 01:36:04

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18May 25 2018 01:36:04

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords