Summit To Have "Far Reaching Impact For Chinese People", Says Xi Jinping

  • Summit To Have

Summit To Have "Far Reaching Impact For Chinese People", Says Xi Jinping

In this handout photo provided by the Indian Prime Minister's Office, Chinese President Xi Jinping and Indian Prime Minister Narendra Modi shake hands in Mamallapuram, India.

Mr. Modi and Mr. Xi had also urged the special representatives of the two countries to "continue their efforts to arrive at a mutually-agreed framework for a fair, reasonable and mutually acceptable settlement [of outstanding issues including on the boundary question] based on Political Parameters and Guiding Principles that were agreed by the two sides in 2005", the MEA said in its release.

Chinese President Xi Jinping meets with Indian Prime Minister Narendra Modi in the southern Indian city of Chennai, October 11, 2019.

The two leaders evaluated the direction of bilateral relations in a positive light and discussed how India-China bilateral interaction can be deepened to reflect the growing role of both countries on the global stage.

More than 5,000 local students lined the route from the airport to the Chinese delegation's hotel, the Times of India reported.

Modi gave Xi a guided tour of the Group of Monuments at Mahabalipuram, which was built during 7th and 8th century and includes Arjuna's Penance, Panch Rathas, Shore Temple and other monuments.

The two leaders have chose to designate 2020 as Year of India-China Cultural and People to People Exchanges. Modi hosted a private dinner for Xi at the temple complex after their talks.

The two leaders agreed that China and India should respect and learn from each other so as to jointly achieve common development and prosperity, as well as the great rejuvenation of the two civilizations. Xi said both were welcome.

In their first informal meeting past year, the two leaders reached the consensus that the differences between the two countries should not be allowed to turn into disputes.

Both leaders agreed that peace and tranquillity had been maintained at the border over the previous year since the Wuhan summit, when they had given "strategic guidance" to the two militaries, as per the Indian official.

The Wuhan summit had been held in the post-Doklam period, after India and China emerged from a bruising 73-day long stand-off on the Himalayan heights of Bhutan in 2017. "I think this number can easily be multiplied at least fivefold if not tenfold in just the coming few years", he said.

Modern rivalry between the world's two most populous countries dates back decades. The bank, headquartered in Shanghai, is now headed by Kundapur Vaman Kamath, former chairman of ICICI Bank, India's largest private sector bank. Modi said that Indian looks forward to this and it is important that balanced is maintained in goods and services, and investments.

China, for its part, was expected to urge India to take an independent decision on telecom equipment maker Huawei's bid for India's proposed 3G network and not be swayed by United States pressure. Referring to the outcome of the Wuhan Summit, he said strategic communication has increased between the two countries, leading to an enhanced stability and a fresh momentum in bilateral ties.