Chinese President Xi Jinping begins three-day India visit today.
Chinese President Xi Jinping will on Tuesday afternoon arrive India on three-day official visit. Jinping is the first Chinese head of state to visit India in eight years.
Jinping will be greeted by Gujarat Governor OP Kohli, Chief Minister Anandiben Patel and ministers at the airport where he will also be given the Guard of Honour. He will then be taken to Grand Hyatt hotel.
Prime Minister Narendra Modi, who on today turned 64, will hold one-to-one talk with Jinping for almost 20 minutes.
Jinping is also scheduled to visit Sabarmati Ashram with Prime Minister Narendra Modi. Both the leaders will head to Sabarmati riverfront for a walk in the evening, followed by dinner. The Chinese President will leave for Delhi at 7.30 pm.
On Tuesday evening, Modi flew in to Sardar Vallabhbhai Patel International Airport here on a two-day official visit to his home state Gujarat. This is the first home visit of Modi after he led the Bharatiya Janata Party (BJP) to a stunning victory in the general elections.
The Prime Minister had on Tuesday said Xi's visit will mark a decisive moment not just for the India-China relationship, but also for the development of Gujarat.
He also said India is now being looked at differently by the world and the country's capabilities are being recognised. He said a new chapter will be written in the country's economic progress.
The visit of the Chinese President to India will be closely watched and analysed. As CM of Gujarat, Modi travelled to China five times, more than to any other nation, and he has been visibly impressed by China's economic success.
Officials said that China is expected to commit investments worth USD 6.5 billion to set up industrial parks in India and sign purchase agreements of over USD 3 billion with domestic companies.
During the visit, about two dozen Chinese companies are likely to sign purchasing agreements with Indian firms to buy products such as copper cathode, sea food, cotton yarn, industrial salt and polypropylene.
16 documents are likely to be signed in areas such as trade and economic development, drug administration and cooperation.
China has proposed to set up an automobile industrial park in Maharashtra and a power transmission park in Gujarat. The Chinese companies are expected to invest about USD 6.5 billion for development of these parks.
These investments and purchase agreements will help India in narrowing the ballooning trade deficit with China which has reached about USD 35 billion in 2013-14.
The bilateral trade between the countries stood at USD 65.85 billion in 2013-14. China has invested only USD 410 million during April 2000 and June 2014.
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