Notwithstanding the development of various types of banks, Indian banking sector is yet to meet the desired banking penetration and inclusion as witnessed in most advanced and some of the emerging economies. 5.
My remarks will focus on four aspects. First, the Chinese economic development against the backdrop of globalization; second, challenges associated with WTO accession facing the Chinese industries; third, our strategies to cope with these challenges; and lastly, prospects of Sino-Latin economic and trade relations. I will also be very pleased to answer any questions you might have during the discussion session if time permits.