Over 250 investors, officials as well as journalists attended the event in Beijing in which Modi\'s speech made in New Delhi was screened with elaborate presentations from Indian Ambassador Ashok Kantha and Trade Councillor Namgya Khampa. A special business event and roundtable discussion on \'Investing in India\'s Manufacturing Sector\' was held to seek China\'s investments in the backdrop of $20 billion commitment made during the just concluded visit of President Xi Jinping. China will investment in two industrial parks besides railway modernisation.
\"The event is very constructive and fruitful. Especially Modi\'s remarks gave us clear guideline and gave us encouraging signal that Indian market is increasingly open,\" Gao Ya, External Communication Manager of Chinese firm TBEA which had invested in Gujarat. He said Modi\'s speech brought about sense of clarification about India\'s commitment to promote foreign investment.
\"Before there is a lack of comprehensive knowledge about India and after Modi\'s speech and based on our reading India was more open than China in 1980s,\" he said. $20 billion announced by President Xi is only the beginning, more will follow, he said. India has many advantage in terms of labour, young people and open culture, he said adding that foreign investors expects more liberalised customs, visa and licence regime. Jack Huan, an official of the China National Heavy Duty Truck Group, said it may be an opportune time for Chinese firms to enter Indian markets it is good to hear Indian Prime Minister inviting Chinese and other investors from all over the world.