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A Chinese delegation of four, comprising Dr Youfa, Commercial Counsellor Liu Guoyu and two Vice Consuls — Chong Li and Cong Lu on a tour in Coimbatore region, reaching out to industrialists to consider investing in China and identifying the competitive advantages of such investments , both sides.
The Consul-General of the People’s Republic of China, Liu Youfa, acknowledged that China is passing through the second round of industrial readjustment.
The process started three years back. It will take some more time to resettle the workers.