The remaining 20 already have ongoing projects in India, he said briefing reporters here today.
He said that China was looking to build strong trade and business ties with the eastern region, particularly West Benga. The Belt and Road Initiative (BRI) and the Bangladesh, China, India and Myanmar (BCIM) corridor would help in supporting this effort.
Zhanwu said that Chinese companies looked for certain comforting factors like continuance of a stable bilateral relationship between the two countries.
"Whatever happened in 2017 in the bilateral ties of the two countries was a little scary," he said, adding a stable relationship would contribute to the increased confidence among Chinese business houses.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)