Following the ban on 59 Chinese apps last month, the Indian power Department recently introduced a new regulation requiring Indian companies to obtain permission from the Indian government when importing power equipment and related components from China。Power Minister Manmohan Singh was defiant: "We have decided not to allow the import of any (power) equipment from China and Pakistan。There could be malware or Trojans, which could be controlled remotely and bring down India's power system at a critical time。”
Meanwhile, Indian ports have recently suspended customs clearance of goods from China。India is also discussing raising import duties on Chinese products such as furniture, air conditioning compressors and auto parts to help the government's policy of promoting local manufacturing。
"For a long time, China and India have been important partners of each other。India's previous removal of apps from China mainly affected the majority of Internet users, but stopping the import of related equipment directly affected India's real economy and related industries, because India's replacement of imports from other countries will increase costs。A person who has long carried out building materials trade with India told the reporter of China Trade News。
According to the country report data released by the Ministry of Commerce, as of December 2019, China is India's third largest export destination and largest source of imports。Last year, China-India trade accounted for 2 percent of China's total foreign trade.03%。India's top three import trading partners are China, the United States and the United Arab Emirates, with 683 imports from each of the three countries in 2019.700 million dollars, 362.$400 million and 304.$600 million, accounting for 14 percent of India's total imports.1%、7.5%和6.3%。
For the field of power equipment, according to the data released by the Indian side, the total import value of the Indian power sector in the fiscal year 2018-2019 was 710 billion rupees (about 67.2 billion yuan), of which 210 billion rupees came from China, accounting for 29.This means that China is the main foreign supplier of power equipment to India。
The reporter learned from relevant sources that due to the Sino-Indian border friction, these "restrictive measures" in India are inevitably carrying a surge of nationalist sentiment, but India is currently vigorously developing manufacturing and industrial clusters, the corresponding infrastructure also needs to be further improved, and there is a greater demand for Chinese equipment。If we completely cut off trade with China at this time, it will greatly hinder the development of Indian industry。
Chinese Commerce Ministry spokesman Gao Feng said China has not taken any restrictive or discriminatory measures against Indian products and services。The relevant actions of the Indian side violate the relevant rules of the WTO and its commitments in the WTO. We hope that the Indian side will immediately correct relevant discriminatory practices against China and Chinese enterprises。China attaches importance to strengthening practical cooperation with India in various fields and hopes that the two sides will meet each other halfway, earnestly implement the economic and trade consensus reached by the leaders of the two countries, promote the sound and steady development of bilateral economic and trade cooperation and make efforts to achieve common prosperity of the two countries and the region。