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Ahead of PM Modi-Xi Jimping meet, China asks India for more efficient work

China to outwit Japan by pledging to invest billions of dollars in railway & manufacturing

Dushanbe: Ahead of President Xi Jinping’s visit, China has sought “work efficiency” in India and welcomed Prime Minister Narendra Modi’s efforts to push reforms to spur economic growth, saying it was “ready to meet India halfway” in its quest for development and prosperity.

oreign minister Wang Yi said China was all set to sign pacts for major investments in infrastructure including ind-ustrial parks and railway networks during Mr Xi’s visit.

“Of course we look forward to reforms. We can tell that Prime Minister Modi is pushing ahead with the reforms,” he said. Asked on the areas for reform that China was looking at to boost investments, foreign minister Wang Yi said: “If you insist on me mentioning one area, we hope you raise your efficiency of work.” China’s foreign exchange reser-ves reached $3.95 trillion in March and it plans to invest around $500 billion overseas in the next five years.

( Source : press trust of india )
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