Goyal also invited all companies to come forth with new and innovative technologies for the India Railways.
India-China bilateral trade stood at USD 87 billion during 2018-19.
Trade ministry said it remains engaged in talks over the pact, seeking to strike a balance between tariff cuts and domestic sensitivities.
Chinese exports accounted about 18 per cent of the total US imports in 2018, representing 2.34 pc of the US GDP.
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