Strategy for the implementation of a free trade zone in 2007, the 17th session of China's National People's Congress the first time to write a report on the work of the General A With the South Asian region in recent years the continuous development of economic and strategic position in South Asia continues to rise, and South Asian countries, especially India, one of the largest countries to cooperate more and more attention by the C The mid-1990s, China and India the tenth largest exporter to India in 2005 for the third-largest China and India as the world's two largest developing countries, China and India has started the feasibility study on a free trade As the world's two largest developing countries, China and India's economic integration organizations to follow the tide of globalization is not only a realistic option, but also to promote the Sino-Indian relations to a significant depth of development tools will also be on the world economy have a large impact on In this paper, the establishment of China-India Free Trade Area of the feasibility and the need for the discussion of Ho, an analysis of China and India to build barriers to free trade zone, and proposed a solution This article holds that the regional economic integration in the global wave of rapid development, in the face of growing Western countries, as well as the rise of trade protectionism in the further development of their own needs, China and India must establish a free trade Of course, this process is also faced with unprecedented opportunities and obstacles, in such a situation that the two countries need to work together in order to mature, rational and pragmatic attitude and grasp the opportunity to remove obstacles to the establishment of mutual trust and strengthen Key words: Sino-Indian economic cooperation, free trade zone obstacles
Indian Economy Overview: India's diverse economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of Services are the major source of economic growth, accounting for more than half of India's output with less than one third of its labor Slightly more than half of the work force is in agriculture, leading the United Progressive Alliance (UPA) government to articulate a rural economic development program that includes creating basic infrastructure to improve the lives of the rural poor and boost economic The government has reduced controls on foreign trade and Higher limits on foreign direct investment were permitted in a few key sectors, such as However, tariff spikes in sensitive categories, including agriculture, and incremental progress on economic reforms still hinder foreign access to India's vast and growing Privatization of government-owned industries remains stalled and continues to generate political debate; populist pressure from within the UPA government had restrained needed The economy has posted an average growth rate of more than 7% in the decade since 1997, reducing poverty by about 10 percentage India achieved 5% GDP growth in 2006, 0% in 2007, and 3% in 2008, significantly expanding manufactures through late India also is capitalizing on its large numbers of well-educated people skilled in the English language to become a major exporter of software services and software Strong growth combined with easy consumer credit, a real estate boom, and fast-rising commodity prices fueled inflation concerns from mid-2006 to August Rising tax revenues from better tax administration and economic expansion helped New Delhi make progress in reducing its fiscal deficit for three straight years before skyrocketing global commodity prices more than doubled the cost of government energy and fertilizer The ballooning subsidies, amidst slowing growth, brought the return of a large fiscal deficit in In the long run, the huge and growing population is the fundamental social, economic, and environmental
When the new century comes, Comparison of China and India became a global American magezine Foreign Affairs'title page of 7/8/06 was "The Rise of Inida" There were four articles, three of which talks about the affect from rise of I The first article, Indian mode talks about basic way of India's economic China and Inida was one of the four countries with knowlege Today, China and India was still similar: high population, large land areas, the most important was they both were one of the fastest growth Because of that, the two nations compete against one At the same time, China and India faces similar problems during economic developments, the way the problem was handle was also different, the huge different means there were spaces for both to During the late nineteenth both nations gained a well affairs from foreign trades, different policy of trade were also The article analysis the trade mode of China and India, which tried to improve China's foreign trade mode to led us to a strong economic 尽量了