India China Business and Cultural Council

China, located in East Asia, is the world's most populous country and the second-largest economy. It has a rich history, diverse culture, and rapid technological advancements, with Beijing as its capital and Mandarin as the official language.

Ambassador and Consul General

Global India Business Forum Founder and Global President of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari met Kong Xianhua, Consul General of the People’s Republic of China in Mumbai, India. They informed the Consul General about the motto of GIBF and the activities conducted until now to promote trade and cultural relations between India and other countries. The Consul General appreciated the work of GIBF and agreed to collaborate for the common goal of uplifting economies of both the countries.

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Broadcasting Equipment, Computers, Office Machine Parts, Telephones, Semiconductor Devices

Crude Petroleum, Integrated Circuits, Iron Ore, Petroleum Gas, Cars.

ABOUT China

ABOUT china

China or the People’s Republic of China is a country located in East Asia. This country is the most populous country in the world and has a population of 1.4 billion. The total land area of China is around 9.6 million sq. km. The country is led by one party which is the Chinese Communist Party (CCP) and this party exercises its jurisdiction over 22 provinces, five autonomous regions, four direct-controlled municipalities, i.e. Beijing, Tianjin, Shanghai and Chongqing and the special administrative regions of Hong Kong and Macau. China also is one of the oldest countries in the world, in the sense that one of the world’s earliest civilizations and was also one of the world’s earliest economic powers right from the 1st century to the 19th century. The country saw some of the most advanced technologies of its time during the Han Dynasty such as papermaking, compass and there were significant improvements made in the fields of medicine and agriculture. Gunpowder was also invented in China along with the process of printing something on paper.

BUSINESS OPPORTUNITIES in China

BUSINESS OPPORTUNITIES IN china

Education is one of the fastest growing sectors in China as the country has millions of students going to foreign countries to complete their education. In fact, China is the largest source of international students for countries like Australia. Moreover, in 2018, as many as 2,55,364 students had enrolled themselves in Australian institutes, including schools. Another important sector that can act as an attractive business opportunity is the Healthcare sector. The Chinese population is an ageing one and the pollution in the city has also reached alarming levels. Hence, other countries with strong healthcare systems can contribute by investing in the country’s healthcare system, thus benefiting China and the investing countries as well.

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Exports and Imports in China

OIn June 2024 China exported $308B and imported $209B, resulting in a positive trade balance of $99B. Between June 2023 and June 2024 the exports of China have increased by $22.5B (7.9%) from $285B to $308B, while imports decreased by $-5.89B (-2.75%) from $215B to $209B.

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Top Exports of China

In June 2024, the top exports of China were Telephones ($15B), Computers ($14.1B), Integrated Circuits ($13.9B), Commodities not elsewhere specified ($8.16B), and Cars ($6.71B).

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Top Imports of China

In June 2024 the top imports of China were Integrated Circuits ($31.1B), Crude Petroleum ($28.2B), Iron Ore ($10.5B), Petroleum Gas ($7.13B), and Copper Ore ($5.52B).

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