They have agreed to address trade imbalance, boost investment, and create closer links between the two major markets.
On the world stage, China and India are natural partners in reshaping global rules on climate change, trade and finance.
The two biggest developing countries have already carried out effective cooperation within the frameworks of the Group of 20 and BRICS to push for a fairer multipolar world.
As Li and Singh have said, the rise of China and India is good for the world. The world has enough space to accommodate the growth aspirations of both countries.
New Delhi can be assured that China will not seek regional or global hegemony. Rather than a threat to India, China's robust economic growth and growing national strength offer opportunities for the promotion of peace and prosperity in Asia.
Converging interests have made China and India strong partners. The two countries have agreed to shelve their differences and engage in a forward-looking strategic and cooperative partnership.
They now have a common goal in sight -- to build a stronger Asia and a more prosperous world.
In a multipolar world, major powers need to learn to accommodate each other. China and India have a good chance to set an example to the rest of the world.
We cannot choose neighbors, but we can choose what kind of neighborhood we would like to live in.
University doors open for its security guards