Indian Prime Minister Narendra Modi and Chinese Premier Li Keqiang attend the Taiji and Yoga event at the Temple of Heaven park in Beijing, China on May 15.
(photo credit: REUTERS)
The recent visit of Indian Prime Minister Narendra Modi to Xian, Beijing and Shanghai reflects a new high in Sino-Indian relations. According to the details available to the media on the talks held between Modi and his Chinese counterpart Li Keqiang in Beijing, the two sides have signed a record 24 bilateral agreements. The main agreements are related to education, space cooperation, railway, setting up consulates-general in Chengdu and Chennai and a memorandum of understanding (MoU) on consultative mechanism for cooperation in trade negotiations.Other accords are about developing China-India think tanks, maritime cooperation and ocean sciences. India and China have concluded four agreements on sister-state and sister-city relations: Karnataka and Sichuan (provinces); Chennai and Chongqing; Hyderabad and Qingdao; and Aurangabad and Dunhuang. An agreement has been signed on setting up a Mahatma Gandhi skill center in Ahmedabad and a broadcast tie-up for India’s official channel Doordarshan and China's state-run CCTV.
Besides, there are agreements on mining and minerals, skill development, tourism and vocational education. The Indian Council for Cultural Relations (ICCR) has signed two MoUs with Yunnan Minzu University and Fudan University on the establishment of a Yoga college and a center for Gandhian and Indian studies respectively.
21 agreements worth $22 billion were signed during Prime Minister Modi’s meeting with top CEOs, including Jack Ma of Alibaba and Lin Min of Xiaomi, in Shanghai, which was followed by a conference of Indian and Chinese CEOs. Funding from Chinese banks ICBC and China Development Bank, Adani Power Company and Jindal Steel and Power accounts for the major part of this deal.