The Chinese industrial city and business hub Wuhan, capital of Hubei province, and Kolkata have come closer to sharing trade and commerce-related information.

The city-based Bharat Chamber of Commerce and Wuhan Municipal Bureau of Commerce on Wednesday signed an MoU for having separate desk at each other’s offices in the two cities.

Li Zuo Qing, Vice-Secretary-General of Wuhan Commerce Bureau, told BusinessLine that there were outsourcing and investment opportunities for Kolkata’s ITES software, pharmaceutical firms in Wuhan and Hubei.

The Chinese official invited West Bengal and Eastern India’s business community to set up offices in Wuhan, which is located some 800 km west of Shanghi.

“We are making a first contact now. Doing business together through outsourcing or joint venture was possible between the business communities of the two cities,'' he said.

The Bharat Chamber of Commerce would shortly send a delegation to Hubei, called 'Manchester of China', and Wuhan, nicknamed as 'Chicago of China', to study the opportunities.

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