China, India plan development and rejuvenation with strategic thinking

China Plus Published: 2019-10-13 18:48:46
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Note: The following article is taken from the Chinese-language "Commentaries on International Affairs".

Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held an informal meeting in India on Friday and Saturday. Both leaders agreed that China and India should respect and learn from each other, and achieve development and prosperity together in order to realize the rejuvenation of these two great civilizations.

Chinese President Xi Jinping meets with Indian Prime Minister Narendra Modi in the southern Indian city of Chennai, Oct. 11, 2019. [Photo: Xinhua/Ju Peng]

Chinese President Xi Jinping meets with Indian Prime Minister Narendra Modi in the southern Indian city of Chennai, Oct. 11, 2019. [Photo: Xinhua/Ju Peng]

In April of last year, President Xi invited Prime Minister Modi to Wuhan in central China where their first informal meeting took place. Differences between the two countries have been well-managed after that important summit.

China and India have a lot in common in terms of their population, economy, history and culture. During their meeting in India this week, Xi and Modi exchanged in-depth views on matters such as strategic security management, investment, people and culture exchanges, as well as international and regional cooperation. They mapped out a clear plan for the development of China-India bilateral cooperation from a strategic point of view.

First, the two leaders acknowledged that the correct viewing of each other’s development and the enhancing of strategic mutual trust are key to maintaining continuous and stable advancement of bilateral relations. China and India cannot let disputes get in the way of their broader cooperation plans, and should handle properly their disputes and matters that are sensitive in nature. They should look for a fair solution to their border issues that is acceptable to both sides and improve their military security cooperation.

Second, China-India economic cooperation has great potential. China is currently India’s largest trading partner and India is China’s largest partner in trade in southern Asia. Addressing concerns that India may suffer big trade deficits against China, both Xi and Modi agreed to set up a high-level trade dialogue mechanism with the aim to facilitate communication between their country’s economic development strategies, and to explore the possibilities of expanding their trade partnership. India welcomes more Chinese companies to invest in its industries such as manufacturing.

In the event of the 70th anniversary of the establishment of diplomatic ties between China and India, President Xi and Prime Minister Modi pledged to hold cultural and people-to-people exchanges on a bigger scale to encourage more dialogue between different civilizations.

The coordinated peaceful rise of China and India will become one of the most important events in the 21st century. As long as both countries steer their bilateral relations with a strategic mind, they can properly handle their disputes and find the greatest common denominator of their mutually beneficial development.

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LU Xiankun Professor LU Xiankun is Managing Director of LEDECO Geneva and Associate Partner of IDEAS Centre Geneva. He is Emeritus Professor of China Institute for WTO Studies of the University of International Business and Economics (UIBE) and Wuhan University (WHU) of China and visiting professor or senior research fellow of some other universities and think tanks in China and Europe. He also sits in management of some international business associations and companies, including as Senior Vice President of Shenzhen UEB Technology LTD., a leading e-commerce company of China. Previously, Mr. LU was senior official of Chinese Ministry of Commerce and senior diplomat posted in Europe, including in Geneva as Counsellor and Head of Division of the Permanent Mission of China to the WTO and in Brussels as Commercial Secretary of the Permanent Mission of China to the EU. Benjamin Cavender Benjamin Cavender is a Shanghai based consultant with more than 11 years of experience helping companies understand consumer behavior and develop go to market strategies for China. He is a frequent speaker on economic and consumer trends in China and is often featured on CNBC, Bloomberg, and Channel News Asia. Sara Hsu Sara Hsu is an associate professor from the State University of New York at New Paltz. She is a regular commentator on Chinese economy. Xu Qinduo Xu Qinduo is CRI's former chief correspondent to Washington DC, the United States. He works as the producer, host and commentator for TODAY, a flagship talk show on current affairs. Mr. Xu contributes regularly to English-language newspapers including Shenzhen Daily and Global Times as well as Chinese-language radio and TV services. Lin Shaowen A radio person, Mr. Lin Shaowen is strongly interested in international relations and Chinese politics. As China is quite often misunderstood in the rest of the world, he feels the need to better present the true picture of the country, the policies and meanings. So he talks a lot and is often seen debating. Then friends find a critical Lin Shaowen criticizing and criticized. George N. Tzogopoulos Dr George N. Tzogopoulos is an expert in media and politics/international relations as well as Chinese affairs. He is Senior Research Fellow at the Centre International de Européenne (CIFE) and Visiting Lecturer at the European Institute affiliated with it and is teaching international relations at the Department of Law of the Democritus University of Thrace. George is the author of two books: US Foreign Policy in the European Media: Framing the Rise and Fall of Neoconservatism (IB TAURIS) and The Greek Crisis in the Media: Stereotyping in the International Press (Ashgate) as well as the founder of chinaandgreece.com, an institutional partner of CRI Greek. David Morris David Morris is the Pacific Islands Trade and Investment Commissioner in China, a former Australian diplomat and senior political adviser. Harvey Dzodin After a distinguished career in the US government and American media Dr. Harvey Dzodin is now a Beijing-based freelance columnist for several media outlets. While living in Beijing, he has published over 200 columns with an emphasis on arts, culture and the Belt & Road initiative. He is also a sought-after speaker and advisor in China and abroad. He currently serves as Nonresident Research Fellow of the think tank Center for China and Globalization and Senior Advisor of Tsinghua University National Image Research Center specializing in city branding. Dr. Dzodin was a political appointee of President Jimmy Carter and served as lawyer to a presidential commission. Upon the nomination of the White House and the US State Department he served at the United Nations Office in Vienna, Austria. He was Director and Vice President of the ABC Television in New York for more than two decades.