Chinese premier concludes Indian visit with strategic consensus (2)

Addressing the Indian Council of World Affairs on Tuesday, Li urged both countries to look forward and seize the new opportunities in their strategic cooperation.

"China-India relations are one of the world's most important bilateral relations in the 21st century," Li said. "Their cooperation has vast room of further development."

The two neighboring countries also made progress on their border disputes, which are left over by history.

"Both sides believe that we need to improve the various border-related mechanisms that we have put into place and make them more efficient, and we need to appropriately manage and resolve our differences," Li said.

Echoing Li, Singh said Monday in a media statement that "I shared with Premier Li my view that the rise of China and India is good for the world and that the world has enough space to accommodate the growth aspirations of both our peoples."

India is the first leg of Li's maiden tour abroad since assuming Chinese premiership in March. The trip will also take him to Pakistan, Switzerland and Germany.