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Li said that China and India are important neighbors and the world’s two biggest emerging market countries. Li added that their relations have global and strategic significance.

 

India is about to enter the "Modi Era." The Congress Party has been mired² in corruption³ scandals and accused of being a dynasty-run party, but Modi’s party is seen as a sharp contrast.

 

His challenges are many: reviving the Indian economy, removing corruption, creating jobs and ending persistent⁴ inflation. One of the most important tasks is to ensure positive relations with India’s neighboring countries.

 

Zhou Gang is a former Chinese Ambassador to India. He believes that future relations with India will soon become a new focus in China’s big-country diplomacy—in bilateral⁵ ties, in the G20 and BRICS groups, and in the global efforts on climate change.

 

2014 has been set as a Year of Friendly Exchanges between China and India. China is willing to work with India’s new government to maintain high-level visits, strengthen cooperation in all fields and upgrade their partnership⁶. China says that it wants to consolidate⁷ political trust and expand cooperation in areas such as industrial parks, railways, energy and urbanization.

 

Modi is expected to adopt an economy-driven foreign policy to have better relations with its close neighbors, and China is definitely one of the most important. Enhanced China-India ties could help the two countries learn from each other’s successes and failures in matching government and market forces, and in the process, also benefit other developing countries.

 

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