Chinese Premier Li Keqiang has called for increased people-to-people interaction between India and China and said that 2014 has been declared as the year of exchanges between the two nations to boost the understanding and friendship.

Addressing a meeting in New Delhi organised by FICCI and ICWA, he said India and China have the ability to address trade balances. He said China never has any intention to seek trade surplus.

He said only a systematic trade balance is sustainable to both the countries. Mr Li pitched for greater synergy between the markets of both the countries.

He said if the markets of both the countries are connected, then it will be conducive for New Delhi and Bejing to create a new dynamism to global economy. He hoped that India and China if join hands, both will be the engines for the growth of world economy.

Favouring trade balance aimed at decreasing trade deficit between the two countries, Mr Li said Beijing will support Chinese enterprises to increase investments in India and help Indian products to have access to Chinese market.

On border issue, the Chinese premier said New Delhi and Beijing have the wisdom to find mutually acceptable solution to the problem and the two countries have not shied away from addressing the vexed issue.

Mr. Li favoured peace and stability in the South-East Asia region and hoped the relevant issues will be resolved soon.

He said peaceful co-existence between India and China will be of global significance and they should seek close cooperation. He said the cooperation between the two countries will induct a new dynamism in their relations.

External Affairs Minister Salman Khurshid described the Chinese Premier’s visit as historic.

He said Mr Li had a fruitful discussions with the Prime Minister Dr Manmohan Singh, Vice President Mohammed Hamid Ansari and UPA Chairperson Mrs Sonia Gandhi and others.