VIJAYAWADA: Citing the number one rank achieved by Andhra Pradesh in Ease of Doing Business (EoDB), chief minister N Chandrababu Naidu on Wednesday invited the visiting Chinese delegation to bring in massive investments to the state.Naidu was holding negotiations with vice-governor of Sichuan province Liu Jie here on Wednesday. He told the Chinese firms to take advantage of the business-friendly environment in the state. "AP is the best destination for any global firm to set up its shop as it is providing world-class infrastructure for the industry sector," Naidu said. As the chief minister was to attend another business meet in Mumbai, finance minister Yanamala Ramakrishnudu continued negotiations with the Chinese industry captains.Speaking on the occasion, Ramakrishnudu said the efforts of Naidu to attract investments into AP had started yielding results.He explained the investment opportunities in the state to Chinese delegates. Amaravati would be developed as a world-class city, he said and felt that there was a vast scope for investments in airports, manufacturing, ports and agriculture sectors. Ex plaining the similarities between India and China, Liu Jie said the relations between the two countries would pave the way for development. Welcoming sister state relations with AP, he said over 500 Chinese firms had already invested in India and more were in the pipeline.

Stay updated with all the Latest Vijayawada headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.