In a joint statement issued today after delegation level talks China said it understands India's aspiration for permanent UNSC seat as the South Asian neighbours agreed to resolve outstanding disputes at the earliest through talks.
Chinese Premier Wen Jiabao earlier on Thursday hoped for "strategic consensus" and Prime Minister Manmohan Singh stated that a strong partnership would contribute to long term peace and security in Asia.
Wen, who arrived in New Delhi on Wednesday for a three-day visit, pitched for taking friendship between India and China to a higher level.
Here are the broad issued covered:
* Agree to maintain border peace
* India, China say committed disarmament
* Both sides committed to counter terrorism
* Both sides aim at trade worth $100 billion by 2015