According to the Hindustan Times, on July 4th, India's new ambassador to China, Vikram Dathswari, said during a forum in Beijing that he hopes to increase Indian exports to China, especially in 'industry sectors with global competitiveness such as pharmaceuticals'.
"Obviously, we hope to export more goods from China. There is no reason to disagree with this suggestion," he said at the World Peace Forum held in Beijing. "Especially in fields where we hold a competitive advantage, such as the pharmaceutical industry. We are one of the leading countries for exporting pharmaceuticals to developed nations worldwide."
"We hope that our Chinese partners will work with us to ensure that high-quality generic drugs produced in India, which are exported to the United States and other countries, can also enter the Chinese market. We believe this is beneficial for both sides, as it can bring value to China, and of course, add value to bilateral relations." He added.
In April, Indian media reported using data from the Indian government that China had surpassed the United States as India’s largest trading partner for the fiscal year 2025-26. The bilateral trade volume reached $151.1 billion. During the same period, India’s trade deficit with China increased to $112.1 billion.
Wei Jia Meng pointed out that despite the unstable political relations between the two countries, trade volumes have still increased. Indian exports to China have also seen growth recently. "This means there are opportunities in the Chinese market. We need to find ways to make these opportunities more achievable," he said.
The Indian ambassador to China also called for China to increase its investments in India. He stated that such actions are beneficial both for the economic aspects of bilateral relations and for the overall development of the two countries' relationship. He mentioned that “in the past few months, policy environments have been specifically adjusted to encourage more Chinese investments.”
Wei Jiameng said that India is not only willing to facilitate investment, but also willing to listen to Chinese concerns and find ways to provide more supportive assistance, so that Chinese enterprises can enter India.
"With bilateral relations normalizing, the Indian government has taken measures to create opportunities for Chinese enterprises to invest in the Indian market again," he said. "We hope to strengthen this relationship further because it is clear that China's involvement across manufacturing sectors, including chemicals and new energy products, is crucial to global manufacturing."
