NEW DELHI: The government is working on steps to reduce import dependence on China and boost domestic manufacturing, sources said on Thursday. They said policymakers are not considering any knee-jerk measure against China in the wake of ongoing border tensions between the two countries. 政府的主要步骤之一是中国进口限制低质量工作,技术规范,包括安全和质量标准,约有370产品被制定,以减少这些不必要的物品的进口像中国这样的国家,消息人士说。 新德里:政府正致力于措施减少进口中国的依赖,提高国内生产,周四消息人士表示。他们说对中国政策制定者不考虑任何下意识的测量后,持续的边境,两国之间的紧张关系。
China accounts for about 14 per cent of India's imports and is a major supplier for sectors like cell phones, telecom, power, plastic toys<\/a> and critical pharma ingredients.
One of the major steps on which the government is working is to restrict low quality Chinese imports, and for that technical regulations, which includes safety and quality standards, for about 370 products are being formulated with a view to cut imports of these non-essential items from countries like China, they added.
These items include chemicals, steel, consumer electronics<\/a>, heavy machinery, telecom goods, paper, rubber articles, glass, industrial machinery, metal articles, furniture, pharma, fertiliser, food and textiles.
Policymakers are also looking at non-tariff barriers being imposed by India's trading partners such as China.
The other steps include attracting global companies that are seeking to set up alternate global supply chains outside China.
The government recently put import restrictions on tyres, while also making its prior approval mandatory for foreign investments from countries that share land border with India to curb \"opportunistic takeovers\" of domestic firms, following the COVID-19 pandemic<\/a>, a move which will restrict FDI from China.
The commerce ministry has also identified 12 sectors -- food processing, organic farming, iron, aluminium and copper, agro chemicals, electronics, industrial machinery, furniture, leather and shoes, auto parts, textiles, and coveralls, masks, sanitisers<\/a> and ventilators<\/a> -- to make India a global supplier and cut import bill.
To cut import dependency on China for APIs (Active Pharmaceutical Ingredients<\/a>), the government in March approved a package comprising four schemes with a total outlay of Rs 13,760 crore to boost domestic production of bulk drugs and medical devices in the country along with their exports.
It also set up a high level empowered group of secretaries, to be chaired by the cabinet secretary, and a Project Development Cell<\/a> (PDC) in ministries\/ departments with a view to attract investments to the country.
During April 2019-February 2020, India imported goods worth USD 62.4 billion, while exports to the neighbouring country stood at USD 15.5 billion in the same period.
The main goods imported from China include clocks and watches, musical instruments, toys, sports goods, furniture, mattresses, plastics, electrical machinery, electronic equipments, chemicals, iron and steel items, fertilisers, mineral fuel and metals.
India has time and again raised concerns over widening trade deficit with China which stood at about USD 47 billion during April-February 2019-20.<\/p><\/body>","next_sibling":[{"msid":76449847,"title":"Chinese smartphone makers tweak strategy to project products as Indian brands","entity_type":"ARTICLE","link":"\/news\/chinese-smartphone-makers-tweak-strategy-to-project-products-as-indian-brands\/76449847","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"76449821","title":"12","entity_type":"IMAGES","seopath":"news\/economy\/policy\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources\/12","category_name":"Government working on steps to cut import dependence on China, boost manufacturing: Sources","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-334890\/76449821.cms?width=150&height=112","link":"\/image\/economy\/policy\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources\/12\/76449821"}],"msid":76449884,"entity_type":"ARTICLE","title":"Government working on steps to cut import dependence on China, boost manufacturing: Sources","synopsis":"One of the major steps on which the government is working is to restrict low quality Chinese imports, and for that technical regulations, which includes safety and quality standards, for about 370 products are being formulated with a view to cut imports of these non-essential items from countries like China, sources said.","titleseo":"telecomnews\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":442,"shares":0,"engagementtimems":1714000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-06-18 21:33:02","lastupd":"2020-06-18 21:34:04","breadcrumbTags":["Chinese products","plastic toys","Consumer Electronics","active pharmaceutical ingredients","project development cell","sanitisers","covid-19 pandemic","ventilators","policy"],"secinfo":{"seolocation":"telecomnews\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2020-06-18" data-index="article_1">
政府工作措施减少进口中国的依赖,提高制造业:来源
中国约占印度14%的进口,是一个主要供应商诸如手机、电信、电力、塑料玩具和重要的医药原料。
政府的主要步骤之一是中国进口限制低质量工作,技术规范,包括安全和质量标准,约有370产品被制定,以减少这些不必要的物品的进口像中国这样的国家,他们补充说。
决策者也看着非关税壁垒被印度的贸易伙伴对中国等。
其他措施包括吸引全球公司,正在寻求建立替代中国以外的全球供应链。
政府最近给轮胎进口限制,同时也使其事先批准强制外国投资的国家分享陆地边界与印度遏制“投机”收购国内公司,之后COVID-19大流行,此举将限制来自中国的外国直接投资。
商务部也确定了12个行业,食品加工,有机农业,铁、铝和铜、农业化学、电子、工业机械、家具、皮革和鞋、汽车配件、纺织品、工作服、口罩,液和通风——印度成为全球供应商和减少进口额。
中国削减进口依赖api (活性药物成分),政府今年3月批准了一项方案包括四个计划总经费13760卢比,以刺激国内生产大批量的药物和医疗设备以及它们的出口。
它还建立了一个高级别授权组秘书,由内阁部长,a项目开发细胞(PDC)在部门/部门为了吸引投资。
在2019年4月- 2020年2月,印度进口货物价值624亿美元,而出口到邻近的国家站在同期的155亿美元。
从中国进口的主要商品包括钟表、乐器、玩具、体育用品、家具、床垫、塑料、电气机械、电子设备、化工、钢铁项目,化肥,矿物燃料和金属。
印度已经一次又一次地担忧的对华贸易逆差扩大站在约470亿美元在April-February 2019 - 20。
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NEW DELHI: The government is working on steps to reduce import dependence on China and boost domestic manufacturing, sources said on Thursday. They said policymakers are not considering any knee-jerk measure against China in the wake of ongoing border tensions between the two countries.
China accounts for about 14 per cent of India's imports and is a major supplier for sectors like cell phones, telecom, power, plastic toys<\/a> and critical pharma ingredients.
One of the major steps on which the government is working is to restrict low quality Chinese imports, and for that technical regulations, which includes safety and quality standards, for about 370 products are being formulated with a view to cut imports of these non-essential items from countries like China, they added.
These items include chemicals, steel, consumer electronics<\/a>, heavy machinery, telecom goods, paper, rubber articles, glass, industrial machinery, metal articles, furniture, pharma, fertiliser, food and textiles.
Policymakers are also looking at non-tariff barriers being imposed by India's trading partners such as China.
The other steps include attracting global companies that are seeking to set up alternate global supply chains outside China.
The government recently put import restrictions on tyres, while also making its prior approval mandatory for foreign investments from countries that share land border with India to curb \"opportunistic takeovers\" of domestic firms, following the COVID-19 pandemic<\/a>, a move which will restrict FDI from China.
The commerce ministry has also identified 12 sectors -- food processing, organic farming, iron, aluminium and copper, agro chemicals, electronics, industrial machinery, furniture, leather and shoes, auto parts, textiles, and coveralls, masks, sanitisers<\/a> and ventilators<\/a> -- to make India a global supplier and cut import bill.
To cut import dependency on China for APIs (Active Pharmaceutical Ingredients<\/a>), the government in March approved a package comprising four schemes with a total outlay of Rs 13,760 crore to boost domestic production of bulk drugs and medical devices in the country along with their exports.
It also set up a high level empowered group of secretaries, to be chaired by the cabinet secretary, and a Project Development Cell<\/a> (PDC) in ministries\/ departments with a view to attract investments to the country.
During April 2019-February 2020, India imported goods worth USD 62.4 billion, while exports to the neighbouring country stood at USD 15.5 billion in the same period.
The main goods imported from China include clocks and watches, musical instruments, toys, sports goods, furniture, mattresses, plastics, electrical machinery, electronic equipments, chemicals, iron and steel items, fertilisers, mineral fuel and metals.
India has time and again raised concerns over widening trade deficit with China which stood at about USD 47 billion during April-February 2019-20.<\/p><\/body>","next_sibling":[{"msid":76449847,"title":"Chinese smartphone makers tweak strategy to project products as Indian brands","entity_type":"ARTICLE","link":"\/news\/chinese-smartphone-makers-tweak-strategy-to-project-products-as-indian-brands\/76449847","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"76449821","title":"12","entity_type":"IMAGES","seopath":"news\/economy\/policy\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources\/12","category_name":"Government working on steps to cut import dependence on China, boost manufacturing: Sources","synopsis":false,"thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-334890\/76449821.cms?width=150&height=112","link":"\/image\/economy\/policy\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources\/12\/76449821"}],"msid":76449884,"entity_type":"ARTICLE","title":"Government working on steps to cut import dependence on China, boost manufacturing: Sources","synopsis":"One of the major steps on which the government is working is to restrict low quality Chinese imports, and for that technical regulations, which includes safety and quality standards, for about 370 products are being formulated with a view to cut imports of these non-essential items from countries like China, sources said.","titleseo":"telecomnews\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":442,"shares":0,"engagementtimems":1714000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2020-06-18 21:33:02","lastupd":"2020-06-18 21:34:04","breadcrumbTags":["Chinese products","plastic toys","Consumer Electronics","active pharmaceutical ingredients","project development cell","sanitisers","covid-19 pandemic","ventilators","policy"],"secinfo":{"seolocation":"telecomnews\/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources"}}" data-news_link="//www.iser-br.com/news/government-working-on-steps-to-cut-import-dependence-on-china-boost-manufacturing-sources/76449884">
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