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Indian and Chinese companies have signed business deals worth $16bn (£10.2bn) on the opening day of Chinese PM Wen Jiabao's three-day official visit to India. 中国总理温家宝三日印度之行的首日,双方公司即签署了价值160亿美元的贸易协议。 Wen Jiabao (right) brings with him one of the largest teams of Chinese business leaders ever to visit India China is India's largest trading partner - two-way trade volumes are set to hit $60bn (£38bn) this fiscal1(财政的) year. Mr Wen is due to meet Indian PM Manmohan Singh on Thursday. Indian and Chinese companies signed some 50 deals in power, telecommunications, steel, wind energy, food and marine2 products worth $16bn at the end of a business conference attended by Mr Wen in the capital, Delhi, on Wednesday evening. This overtakes the $10bn of business agreements signed between Indian and American businessman during the recent visit of US President Barack Obama to India. "There is enough space in the world for the development of both China and India and there are enough areas for us to cooperate," Mr Wen told the business conference. Massive delegation3 Mr Wen - who last visited India five years ago - brings with him one of the largest teams of Chinese business leaders ever to visit India. The Chinese delegation dwarfs4 the number of trade chiefs led in recent weeks to India by US President Barack Obama (215), French President Nicolas Sarkozy (more than 60) and British Prime Minister David Cameron (about 40). The Chinese premier5 will hold talks later on Thursday with his Indian counterpart Manmohan Singh, External Affairs Minister SM Krishna and the ruling Congress party chief Sonia Gandhi. Later this week, Mr Wen will travel to India's nuclear-armed neighbouring rival, Pakistan, for a two-day official visit. Though bilateral6 trade(双边贸易) with China is booming, the relationship is not benefiting India as much as it might, say analysts7. Delhi has been demanding greater access to Chinese pharmaceutical8(药物) and IT markets as it seeks to level a large trade surplus(贸易顺差) in China's favour of up to £25bn. 点击收听单词发音
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