From Chennai Centre for China Studies website:
… The Sino-Indian agreement in the Declaration to “optimally utilise the present and potential complementarities”, is expected to remain the basis for S&T cooperation. This implies the intention of the two sides to achieve a synergy between the respective strengths – India’s software and China’s hardware. Already the intentions are slowly becoming a reality. Beijing and New Delhi have started taking steps to reverse the unfavourable trends prevailed in 1988-2004 period in the field of S&T cooperation. The MOU signed between the two sides on September 7, 2006, at the time of the visit to China by the Indian S&T Minister Mr Kapil Sibal, is a case in point. Areas of cooperation identified on the occasion included agriculture, biotechnology, chemicals, health, electronics and advanced materials. Also significant is the recent formation of a China-India Steering Committee on S&T cooperation, tasked with addressing strategic issues concerning the bilateral S&T cooperation. Its first meeting coincided with Sibal’s visit. [Full Text]
D.S.Rajan is Director of the Chennai Centre for China Studies, Chennai, India.