The Cabinet today approved setting up an Economic Wing in the Indian embassy in Beijing in China. The Economic wing in Beijing is expected to substantially enhance the negotiating capability of India and strengthen bi-lateral cooperation. The decision was taken in a meeting chaired by Prime Minister Dr Manmohan Singh.<br/><br/>AIR correspondent reports, it is also expected to work towards promotion of exports of Indian goods in China as well as financial and technical collaboration between Chinese and Indian firms. <br/><br/>The move comes at a time when trade between the two countries has touched 43 billion dollars last year indicating towards a strong commercial and economic relationship between the two countries. <br/><br/>Coordination of efforts to facilitate trade and investment flows between the two countries is expected to create a demand for related infrastructure and other supporting services apart from generating fresh opportunities for cooperation in a wide spectrum of socio-economic services. <br/><br/>In order to turn this potential into business opportunities for the enterprises in the two countries, it is necessary for the governments to cooperate and coordinate their efforts. Besides, this is the high time to build on Copenhagen positives.<br/> <br/>In another important decision, government is to set up a Group of Ministers (GoM) to take a view on the demand for a caste-based census. The GoM is likely to be headed by Finance Minister Pranab Mukherjee.<br/><br/>The cabinet also has approved the extension of Ex-servicemen contributory health scheme facilities to Nepal domiciled Gorkhas. <br/><br/>The government also approved establishment of 199 additional new polyclinic including 17 mobile medical facilities alongwith 15 new regional centres to expand ex servicemen contributory health scheme.<br/><br/>The cabinet committee on economic affairs has approved the appointment of merchant bankers and other intermediaries to disinvestment transactions.