China, India reaffirm dialogue, partnership

08:35, April 14, 2011      

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Top leaders of China and India reaffirmed a hope cherished by both countries to maintain tranquility and peace in their borders, and vigorously expand their cooperation in trade and economic ties to enrich more than 2.3 billion.

Chinese President Hu Jintao and visiting Indian Prime Minister Manmohan Singh held face-to-face talks in China's subtropical Hainan Island, where the two leaders are to join presidents of Russia, Brazil and South Africa to convene the Third BRICS Leaders Meeting on Thursday.

Beijing and New Delhi plan to establish a consultation and coordination mechanism to resolve their disagreements on borderlines, officials said after Hu and Singh talked. They agreed that the two Asian giants need to continue boundary talks to find solutions that are acceptable to both sides.

President Hu said the Sino-Indian relationship has gone beyond bilateral dimensions and taken on a global and strategic significance, the Beijing-based China Daily reported.

The two countries launched the "Year of China-India Friendly Exchange" on Wednesday to expand cooperation and push bilateral ties to a new higher level. The two leaders made a point that the two states will increase cooperation in infrastructure, information technology and investment in each other's industries.

China's Premier Wen Jiabao visit India last December, when he set a target for the two Asian emerging economies to boost their trade volume to more than US$100 billion by 2015, from last year's US$60 billion, as bilateral trade provides dynamics to economic boom of the two.

Therefore, the two governments are set to launch their first round of Sino-Indian strategic economic dialogue this year, sources said. China has strategic economic dialogues with the Untied States, Japan and the European Union.

Singh said that the "exchange of views between the two countries is very satisfying to our concerns", adding he is in Sanya, Hainan, to "reaffirm that strategic and cooperative partnership that we have with China is something which is very dear to us".
"We are keen in intensifying (the partnership) in every possible way."

The two nations have been consulting each other on various regional and international issues including the ongoing Libya crisis and global climate change.

By People's Daily Online
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