While staying concerned over the huge trade deficit with China, The Union Minister of Commerce and Industry, Shri Anand Sharma expressed optimism that recently unveiled 12th Five Year Plan for 2012-14 of China, with a strong slant for a domestic consumer driven economy will give enormous opportunity for Indian exporters to access China’s huge consumer market in the coming years. The trade deficit for India for 2010 stood at USD 20.02 billion, more than USD 15.87 billion trade deficit in year 2009 with China which is an export driven economy. He met the Mr Jiang Jufeng, Governor of Sichuan Province of China, a province with which India’s trade relations date back to 444 B.C.
