Yunnan province of China seeking to invest in India’s medical, IT sectors

Yunnan province of China

With an aim to explore the investment opportunities in India, Yunnan province of China on Thursday said that it is keen to invest in the sectors namely medicine and information technology.

In an official statement, Deng Xiaoli, an official of the Department of Commerce of Yunnan province said, “There is a great opportunity to work in industries such as medical and IT between India and Yunnan. There are many business councils and associations in Yunnan which have already invested in India.”

Deng said that Yunnan wishes to strengthen cooperation with India in order to utilise its expertise and resource for medicine.

Underlying the positive growth in maintaining relationship ties with India, Yunnan, Xiaoli said, “We can work together to promote cooperation in bilateral investment and also import and export along with hardcore communication.”

Further adding to her intention of investing in the Indian market, she said, “India is a big country and has a population similar to China’s and we have a lot in common. India is known for its IT sector. Together, we should strengthen cooperation between India and Yunnan to develop the IT industry.”

With six major exhibition areas, 17 pavilions and 7,500 standard booths, the SSACEIF featured exhibitors from 74 countries, regions and international organisations.


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