The volume of bilateral trade between the two countries to about $ 60 billion in this fiscal year
The companies signed contracts for Indian and Chinese deals valued at $ 16 billion on the opening day visit of Prime Minister Wen Jiabao to India, which continued for three days.
Wen's visit, and represent the latest in a series of visits of world leaders to India. Wen was accompanied by about 400 senior Chinese businessmen.
China is the largest trading partner of India, as the volume of bilateral trade between the two countries to about $ 60 billion in this fiscal year.
The cabinets will meet Chinese President and Indian Prime Minister Manmohan Singh Thursday.
There have been Chinese and Indian firms approximately 50 transactions in the areas of energy, telecommunications, steel, wind energy investment, food and marine products as much as values of $ 16 billion at the end of a business conference attended by Wen in the Indian capital Delhi on Wednesday evening.
And the superiority of these deals are the $ 10 billion trade agreements signed by India with American businessmen during the visit of U.S. President Barack Obama's recent visit to India.
Addressing the conference, saying Wayne: "There is enough space in the world for the development of both China and India, and there is sufficient space in which to collaborate."Large delegation
There is room enough in the world for the development of both China and India, and there is sufficient space in which to collaborate
Chinese Prime Minister Wen Jiabao
Has brought the Chinese prime minister with one of the largest delegations of Chinese business leaders have never visited India, a Chinese delegation of this size.
Some observers say that the size of the Chinese delegation dwarf in terms of numerical and delegations of business leaders the other principal, who visited India in recent weeks, as is the case with the delegation that accompanied President George Obama (215) and French President Nicolas Sarkozy (over 60) and British Prime Minister David Cameron ( 40).
The Prime Minister will travel to China later this week to Pakistan's nuclear rival neighbor for India in the two-day visit.
Analysts say that despite the booming bilateral trade with China, but that this relationship to turn out to India, the largest amount of interest that asks.
India is demanding entrance to the markets of the largest pharmaceutical trade and the Information Industry of China, where aspiring to balance the trade surplus, which tilts in favor of China at about $ 25 billion.
He said the Chinese envoy to India Zhang Yan told reporters ahead of Wen's visit, "Relations are very fragile and very easy to destroy it is very difficult to fix so you need special care in the information age."
Were tested relations between the two countries in August, when India put off defense exchanges with China after China refused to grant a visa to General of the Indian region of Kashmir.
Last year, India protested the establishment of China to issue visas on the papers separate people from the area of Kashmir under Indian administration does not look like traditional visas granted to Indian nationals others. China did not give an explanation for this step.
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