Even as the government is mulling an umbrella legislation to block investments on security grounds from other countries, 32 Chinese firms in India have come together to form the Chamber of Chinese Enterprises in India (CCEI), which will lobby for Chinese commercial interests here.
The chamber, set up recently in the capital, is the initiative of the Embassy of the People's Republic of China and headed by Hongsen Wang, managing director, Sino Steel India Pvt Ltd.
The formation of this chamber is also relevant in the context of complaints from China on discrimination against Chinese companies by the Indian government.
Sources in Sino Steel India said the chamber would work for the interests of Chinese enterprises and promote high-level business and political talks between the two sides. Currently, there are around 50 Chinese companies in India.
The CCEI will help Chinese companies resolve trade problems with the Indian government.
"It will help Chinese enterprises in appearing as a collective entity and the chamber will represent the companies’ interests to the Indian government," sources said.
According to Ficci Secretary General Amit Mitra, the formation of the Chinese chamber indicated the increasing presence of Chinese companies in India.
An interesting space to watch. (Remember Adam Smith quote here)
2 comments:
Very Helpful Information.
Thanks.
Daniel Wu, a public affairs consultant in China
http://www.lobbychina.org
This is vey good for the economy of our country.
Can u send me the address and phone no. of CCEI.
My E-mail address is inmacs.cbg@gmail.com
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