Coal, iron ore, petroleum, natural
gas, mercury, tin, tungsten, antimony, manganese,
molybdenum, vanadium, magnetite, aluminum, lead, zinc,
rare earth elements, uranium, hydropower potential (world's
largest)
14.86%
1.27%
m 83.87%
ï
545,960 sq km
m
Frequent typhoons (about five per
year along southern and eastern coasts); damaging floods;
tsunamis; earthquakes; droughts; land subsidence
v
China contains some historically active
volcanoes including Changbaishan (also known as
Baitoushan, Baegdu, or P'aektu-san), Hainan Dao,
and Kunlun although most have been relatively
inactive in recent centuries
The aforementioned challenges are certainly impeding the speedy growth of investment
and trade as per the potential. They can effectively be turned into opportunities through
comprehensive medium and long-term collaborative joint efforts.
The measures that may facilitate the achievement of desirable goals include timely
implementation of the agreements, creation of enabling environment, person-to-person
contacts to provide confidence and encourage the potential investors, operationalization
of Transit Trade Agreement, regular exchange of information to enable the stakeholders
to realize the ground realities, co-operation in business laws and procedures between
the businessmen of the two countries and a dispute resolution mechanism to avoid any
trade disputes and misgivings, improvement of security environment, engaging the
Chinese private sector on long-term basis for sustainable economic relations, revamping
the processing technologies with mutual co-operation in potential sectors like seafood
and leather products, value addition in cotton yarn and fabric, chrome and copper ores
and other industrial minerals and precious stones, relocation of industries through
restructuring, improvement of institutional frameworks for better communication and co-
ordination between the government agencies and representative trade and industry
bodies, which is essential for better understanding of business houses.