India has increased by 30%in 5 years from China.
Author:Global Times Time:2022.07.30
[Global Times Comprehensive Report] According to the Indian Asian News Agency reported on the 29th, the Minister of State of the Ministry of Commerce and Industry of India, Patt, disclosed the country's imports from China in recent years in the Indian Parliament. Relevant data show that in the five years from 2017-28 to 2021-22, India's total imports from China increased significantly from US $ 89.7 billion to $ 115.4 billion, an increase of nearly 30%.
据报道,印度从中国进口商品的种类繁多,包括动植物油脂、矿砂、矿渣与矿灰、矿物燃料、无机化学品、有机化学品、化肥、塑胶制品、纸类、棉花、布料、鞋类、 Glass products and so on. When asked if the Indian government took measures to reduce its dependence on imported goods in China, Patt moved out of the Indian government's "production link incentive" plan launched in 2020. This plan refers to the Indian government providing subsidies for qualified enterprises, thereby promoting the development of the local manufacturing industry and improving the global competitiveness of Indian enterprises. It is reported that the plan has been implemented in 14 industrial fields with high import dependence. In addition, the Indian government procurement portal requires all sellers to indicate the source country of goods on the platform to encourage Indian domestic goods to promote "Indian independence and autonomy." The Indian government also requires all e -commerce companies operating in India to indicate the source of the commodity on their platform. However, some analysts believe that although the Indian government has continuously promoted the reduction of dependence on China, many intermediate products cannot purchase from other places, and India's domestic production capacity is not enough to cope with increasing demand, for this reason. (Zhen Xiang)
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