On June 16, the first seminar on "Business Environment for Chinese Enterprises in India" was held in Chengdu, hosted by Chengdu Institute World Affairs (CIWA), and collaborated by Sichuan Belt and Road Economic and Trade Cooperation Promotion Association. More than 20 entrepreneurs and executives, experts and scholars in related fields, and representatives of the chamber of Commerce from Chinese banks, electric power, communications, e-commerce, engineering contracting, tourism and other industries in India attended the meeting.
Long Xingchun, the executive director of CIWA，first introduced the original intention of organizing the conference. He said that in the past two decades, many Chinese enterprises have invested in India, which has made significant contributions to promoting the development of Sino Indian Economic and trade relations. However, affected by the deterioration of China and Indian Relations and the epidemic situation, Chinese enterprises in India face substantial operational difficulties and suffered huge losses. CIWA is particularly concerned about the protection of China's interests abroad. So, it has set up this platform to bring together representatives of enterprises, experts, and scholars to understand the specific difficulties encountered by Chinese enterprises. Thus, helping Chinese enterprises in India take practical measures to manage risks and resolve problems to the greatest extent possible. It intended to gradually bring China-India economic and trade relations back on track to healthy development.
The entrepreneurs and executives introduced the specific problems faced by their respective enterprises in India, such as compliance issues for enterprises investing in India, visa difficulties, production safety risks, project contracting costs, the impact of the Indian government's ban on the Chinese APP on their business activities, challenges in managing Indian employees under the epidemic, and the unfriendly public opinion environment for Chinese enterprises in India, etc. The entrepreneurs also shared their experiences and new thoughts on how to deal with the unique situation. In the expert review part, various experts and scholars made professional suggestions on related issues. Zhuang Yuanyuan, Director of the National Research Centre for South Asian Standardization, introduced the standardization issues in China's economic and technical cooperation in South Asia.
Secretary-General of the Sichuan Belt and Road Economic and Trade Promotion Association, Li Dongchuan, concluded the meeting by saying that the Association's main task is to help Sichuan enterprises to go global. And he hoped that Sichuan enterprise could learn the experience of Chinese enterprises in India to go global.