China Ready To Boost Trade

China has expressed willingness to engage in mutually beneficial trade with India. China is willing to expand cooperation with India on the basis of equality and mutual benefit and further enhance cooperation in technology transfers and labour services, senior cabinet minister Wu Yi said. Wu told an Indian business mission here on Wednesday that China and India have potential for mutually-beneficial bilateral economic and trade cooperation. She stressed the need for political stability for economic growth. Wu also briefed the Indian delegation on Chinas reform of the state-owned enterprises. The Indian delegation is on a fact finding mission to China and Hong Kong.