Indian Think Tank Felegation Visited Pangoal Institution to talk about Sino-Indian Economic Cooperation Prospect
Indian Think Tank Felegation Visited Pangoal Institution to talk about Sino-Indian Economic Cooperation Prospect

On November 19th, an Indian think tank delegation invloving famous Indian think tanks such as the Vivekananda International Foundation, the Observer Research Foundation and the BRICS Institute visited the the Pangoal Institution. The Pangoal Institution and its experts and scholars from the Indian Research Center discussed the "Sino-Indian Economic Cooperation Prospect".

The delegation was invited by the Embassy of Peoples Republic of China in the Republic of India to visit China. Their first stop was to visit the Pangoal Institution. Members of the delegation include: Vinod Kumar Anand, Senior Fellow & Research Coordinator of Vivekananda International Foundation;Harinder Sekhon, Senior Fellow of Vivekananda International Foundation; Sushant Sareen, Senior Fellow of Observer Research Foundation; Shubhangi Pandey,Junior Fellow of Observer Research Foundation; Binod Singh, Director of BRICS Institute; Pankaj Jha,        Assistant Professor of Jindal School of International Affairs; Faisal Ahmed, Associate Professor of FORE School of Management; Khalid Bashir, Associate Fellow of Observer Research Foundation.

Founded in 2009, the Vivekananda International Foundation is named after the famous Indian philosophers Vivekananda. It is an independent, non-partisan, comprehensive research institution. It is one of the think tanks that Indian Prime Minister Modi values. Its research focuses on contemporary Indian affairs. Specifically, including international relations, international security, government governance, etc.; the Indian Observer Research Foundation was established in 1990 as a non-profit think tank with the mission of “building a partnership for globalized India”. The reform, national strategy and security affairs have great influence; the Indian Organization for Research and Education Foundation (FORE) is a non-profit organization established in 1981 to provide advanced management education, research, training and consulting.

The conference was hosted by Han Hua, member of Academic Committee of the Pangoal Institution; Associate Professor, the School of International Studies, Peking University. Wang Dong, Secretary-General, Academic Committee of the Pangoal Institution; Deputy Executive Director, Institute for China-US People to People Exchange, Peking University, introduced the the Pangoal Institution and its delegation to Indian scholars two visits to India for research. Lin Dajian, senior consultant of the Indian Research Center of the Pangoal Institution and former deputy inspector of the National Development and Reform Commission, delivered a welcome speech. Lin Dajian said that China and India are neighbors to each other and have a deep relationship since ancient times. In modern times, China and India are both populous countries, and both economic growth and economic growth are leading the world. After the informal meeting in Wuhan, the development of bilateral relations has entered a benign track, and the development of China-India economic and trade relations has also ushered in a higher level. The new opportunity of the building. At the same time, as the world's two largest emerging economies, in the international context of unilateralism and trade protectionism, it is also meaningful for Chinese and Indian scholars to explore the prospects of economic and trade cooperation.

Later, in the Indian side speech, Vinod Anand, a senior researcher and project coordinator of the Syndrome Foundation, said that India is now facing the pressure brought by unilateralism and trade protectionism. Although there is unbalanced trade issue between China and India, there is still a huge space to enhance economic cooperation. The "Made in China 2025" has a commonality with the "Made in India" strategy, so it is important to strengthen the economic and strategic dialogue between the two sides. Faisal Ahmed, assistant professor of FORE School of Management, advised the two countries to increase trade commodity diversity in response to the trade imbalance between China and India. In addition, he also explained some concerns about China-India economic cooperation: First, China indicated in June that it would reduce import taxes on more than 8,000 kinds of goods in India and other Asian countries. India welcomes this move and reduces non-tariff barriers. China and India will also benefit from the important measures affected by the trade war. Second, China and India should work together to promote the establishment of a Regional Comprehensive Economic Partnership (RCEP), which will facilitate trade liberalization and achieve a win-win situation. Third, China and India should strengthen cooperation in the field of non-traditional energy, because both China and India have energy conservation and environmental protection goals, and there is a greater demand for non-traditional energy. Subsequently, the director of the BRICS National Institute, Binod Singh, expressed his views on China-India economic and trade cooperation. He said that in the past ten years, the bilateral trade volume between China and India has reached 90 billion US dollars. Chinese products are in line with the needs of Indian consumers and are very popular in India. However, Chinese companies currently invest only US$3 billion in India. Chinese companies should Increase investment in India. At the same time, China and India should promote economic cooperation and exchanges between provinces and states, such as promoting cooperation between Andhra Pradesh, Gujarat, Maharashtra and China's Sichuan and Yunnan provinces.

Regarding the views of Indian scholars, the Chinese scholars at the meeting agreed in the final free discussion session. China and India have more commonalities, and there is still huge potential for economic and trade cooperation. In addition to macro-planning, the two countries should also promote microeconomics. Practical cooperation. Chen Xiaolu, assistant researcher of the Institute of European Studies, China Institute of International Studies, researcher of the Indian Research Center of the Pangoal Institution, Mao Keji, assistant researcher of the International Cooperation Center of the National Development and Reform Commission, and Du Wenrui, researcher of the Indian Research Center of the Pangoal Institution, also attended the meeting.

The Pangoal Institution attach great importance to Indian research. Since its establishment on October 12, 2016, its India Research Center has been committed to promoting Sino-Indian folk exchanges and helping China-India relations to develop and has received extensive attention and support from all walks of life in China and India. Since its establishment, the center has sent two delegations to India to study and visit India's best think tank seminars, and to exchange views with the Vivekananda International Foundation and the Observer Research Foundation. On September 20, 2016, Chairman of the the Pangoal Institution, Yi Peng, led a delegation to visit the Vivekananda International Foundation for the first time during the India-India study-trip. Former Indian Ambassador to China Ashok Kantha (Conte), former Indian Ambassador to the UK and Germany TCA Rangachari, the former Indian ambassador to Pakistan, Satish Chandra and other foundation representatives attended the meeting. On September 14, 2017, Wang Dong, Secretary General of the Academic Committee of the Pangoal Institution, and the delegation visited the Vivekananda International Foundation again. He was received by the Director of Defense Research and the former Deputy Chief of Staff of the Army, Lieutenant General Sahini. At the same time, he expressed appreciation for the development results of the the Pangoal Institution India Research Center. In addition, on December 20, 2016, the Vice Chairman of the Observer Research Foundation (Mumbai) Davo Desai and his party visited the the Pangoal Institution exchange seminar. On September 12, 2017, the the Pangoal Institution delegation also visited the observers in the Indian capital New Delhi. The Research Foundation made its first visit. the Pangoal Institution has always attached great importance to exchanges and cooperation with Indian scholars and think tanks. In the future, we will continue to work hard to contribute to the development of Sino-Indian relations and contribute the strength of think tanks.■

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