India-China cooperation could turn win-win situation for both

India and China should pursue a line of cooperation as it could be a win-win situation for the two countries which can mutually expedite economic development, Wang Donghua, Chinese Consul General in Mumbai, said on Sunday.

Updated: May 16, 2010, 18:48 PM IST

Bangalore: India and China should pursue a
line of cooperation as it could be a win-win situation for
the two countries which can mutually expedite economic
development, Wang Donghua, Chinese Consul General in Mumbai,
said on Sunday.

"Cooperation will not only benefit China, but also
India. If we pursue a line of cooperation, it could be a
win-win situation for both," he said on the sidelines of a
photo exhibition ‘Charming Beijing’, organised to mark 60
years of diplomatic ties between the two countries.

Wang said the economic potential was "unlimited" if
both countries decide to cooperate and forge ahead.

Both were among the fastest growing economies and at
almost the same stage of development. "Considering the size of
the population and market, the potential for cooperation is
unlimited and future prospects bright," he said.

The two largest developing countries have a wide range
of common interests, he said. "By cooperating we can benefit
from each other`s strengths" and mutually "expedite economic
development" and contribute to the world favourably in terms
of
development.

"If we can work together, there is nothing we will not
be able to achieve", he said.

Wang described as `unique` ties between India and
China, saying leaders of both countries had adopted a forward
looking strategy to promote relations and economic
cooperation.

On current import hurdles faced by some Chinese telecom
equipment firms following security concerns in India, he said
these companies were trying their best to strengthen economic
ties between both nations.

"They have achieved a lot and contributed to India
even in terms of providing employment," he said.

PTI