"China and India relation is higher than the Himalayas," Mr. Y.K. Sailas appraised the relation between China and India. He even used former Chinese leader De Xiaoping's saying to highlight such a relation, "Only win the China - India relation will a new century emerge, it is the historical responsibility for India and China to work together as equal partners not only to reestablish the centuries, millenniums but also rediscover the opportunities of cooperation to fulfill the aspirations of 21st century Indians and Chinese."
Guangdong, India share a boundless potential on economic cooperation
Now increasing Indian companies come to invest in Guangdong. For instance, a company called Symphony in India which has recently taken over the Gerilei company which produces air conditionings, air coolers and other equipments in Dongguan. Mr. Y.K. Sailas insisted that the potential for economic cooperation between India and Guangdong is boundless, "I would like to say although our bilateral trade is growing, we should not be satisfied."
Admittedly, both Guangdong and India encounter with a bottleneck in their manufacturing industry, Mr. Y.K. Sailas regarded that issue is nothing but natural. He said India and China including Guangdong need to endeavor rigorously to know one other perfectly as far as possible. Regular meeting, regular discussion, interactions are important and he believes the Canton Fair provides a good platform for solving that problem.
High-tech cooperation: Indian software will be a good match with Chinese hardware
In Mr. Y.K. Sailas's opinion, now Chinese government changes its economic policy from foreign-investment driven to innovation driven is a great success and sees an innovation-driven growth. Such an achievement is due to innovation, high-tech and developed products.
India does not gain the growth as fast as China, but it has also achieved a great momentum of prosperity on the same field. Mr. Y.K. Sailas. Hence believed Chinese hardware and Indian software can reach a good cooperation.
E-commerce is another hot issue both in India and China that offers cooperation potential on Internet industry. It is said that eight Indian e-commerce companies like Flipkart, Snapdeal, Quicker, Amazon India, EBay, BTM are growing very fast and have one billion USD as revenue each year. To some extent, it might reflect Indians have a demand for purchasing products online and it gradually becomes a habit. For Guangzhou, the provincial capital of Guangdong, it topped in all pilot cities for developing cross-border e-commerce in China as its cross-border e-commerce had a total trade volume of 6.54 billion Yuan from January to October of 2015.
Moreover, Guangdong is a large and strong province for manufacturing whose products with higher quality and cheaper price can export to India via cross-border e-commerce platform. It proves that there exists huge cooperation room for India and Guangdong on this field, Mr. Y.K. Sailas said.