'Practical measures taken during Modi visit to enhance trust'

Practical measures agreed upon during Prime Minister Narendra Modi's visit will greatly reduce the chances of confrontation and enhance mutual trust between China and India, Chinese experts said today.
The joint statement issued after the talks between Modi and Premier Li Keqiang "offered practical measures that could be applied soon and will greatly reduce the chance of confrontation," Liu Zongyi, a research fellow of Indian studies with the Shanghai Institute for International Studies, was quoted as saying by state-run Global Times here.
Although the Belt and Road initiatives were not mentioned in the joint statement, the two countries agreed to speed up the development of the Asian Infrastructure Investment Bank, Liu said.

"As well as expanded cooperation between two countries, the people-to-people exchange progress is also important for bilateral ties," Ye Hailin, secretary-general at the Centre for South Asian Studies of Chinese Academy of Social Sciences, told the daily.
"The mutual trust has been enhanced through a very personal approach," Ye said, adding that close people-to- people ties will lay good foundation for closer ties.
An article in the Chinese language edition of the Global Times said, "for Chinese enterprises, India is a country where they have to go to."

"Population of 1.28 billion, fast-growing infrastructure and consumer markets are a huge attraction. Over the past years, Japan and South Korea companies have already done that fast in India, but the development of Chinese companies was clearly not enough," then article said.

"Just because India's population is large, big market and good momentum of economic growth, Should China's enterprises should go to India? The answer is not so simple," it said.
"Over the years, India has played an important role in the globalisation of enterprises in Japan and South Korea. The success of these companies is not to simply see," it added.