China, India stoke energy bond

To ensure their rapid economic development and rise in international status, both China and India have paid great attention to energy security in recent years.

As two major developing countries in the world, China and India are working to cooperate in the energy sector in line with common benefits. This relationship helps to avoid bitter competition between the two, reduce unnecessary use of diplomatic and economic resources and dilute impacts from the global financial recession. Ultimately, this bond could ensure their economic recovery and growth in the post-crisis era.

Heading into this year, the global recession - triggered by the United States financial meltdown - seems to be nearing its end. In the new year, new emerging economies such as China and India will lead the recovery, becoming the engine of global growth. The energy cooperation between China and India is going to attract more eyes again.