BEIJING – China yesterday called for the strengthening of cooperation of trade and investment with India. Partnership between the two most populous countries in the world are showing solidity of economic power of each country.

“The scale and level of bilateral trade cooperation be sufficient to describe the size of two economies. This is the greatest potential to have room to grow the investment between the two countries,” said Minister of Commerce of China Cheng Deming during a press conference with Indian Trade Minister Anand Sharma in Beijing yesterday . The value of trade between countries along the 2009 Emerging marketitu reach USD43, 4 billion, down from USD51, 8 in 2008. The amount is only accounting for two percent of China’s trade to the whole world.

Earlier, while speaking at an economic forum, trade, and investments businesses followed China and India some time ago, Chen said it would eliminate deficiencies and work together to balance the trade relations between the two countries. “China and India are friendly neighbors and partners working together cooperatively. We are not enemies or competitors,” Chen said. India itself has a trade deficit with China of USD16 billion in 2009, up from USD11, 2 billion over the previous year.

“The balance of exports and imports is very important and sometimes make difficult surplus reached an agreement,” said Sharma. “Frankly we’ve discussed all the issues and policies necessary to ensure that the balance of trade partnership between China and India,” he added. Sharma added, Beijing has also encouraged Indian companies particularly in the field of pharmaceuticals, technology, and construction to work with local partners to more easily gain access in China.

Serves Indian trade to China, 90 percent of which is a commodity product that has no added value. New Delhi wants to change their trading scheme by asking China to buy manufactured products more valuable. Sharma and his team are expected to encourage Beijing to remove obstacles which resulted in low nonperdagangan added value of export goods to China. New Delhi wanted the barriers in information technology and drugs eliminated to increase access to a larger market for Indian companies.

A source close to the government said, for a period of success supplying China power equipment to India. For that, India is now asking for Beijing responded by eliminating the bottleneck that if China wants to continue to enjoy access to lucrative markets in India in the future