On 10 August 2026 , Zhang Zhixiang, Member of the Strategic Advisory Committee of the International Cooperation Center (ICC) and Chairman of the International Monetary Research Committee, and Zhang Yu, Convener of the Joint Meeting and Director of the Steering Committee of the ICC, met with Vikram Doraiswami, Ambassador of India to China, in Beijing. Both sides noted that under the joint guidance of the heads of state of the two countries in recent years, China-India relations have gradually emerged from the low ebb and returned to the track of recovery and improvement. The two sides should view and handle China-India relations from a strategic and long-term perspective, and uphold security in the Asia-Pacific as well as peace and stability in South Asia. Under the concerted efforts of China and India, institutional exchanges between the two countries have been gradually resumed, peace and tranquility have been maintained in the border areas, and bilateral trade volume has hit a new high. The two sides should take concrete actions to implement the important consensus reached by the leaders of the two countries, help each other pursue development and rejuvenation through deepened cooperation, and accelerate the modernization process of the Global South. The two sides had an in-depth exchange of views on China-India bilateral relations and major issues concerning bilateral cooperation across various fields, and held productive discussions on international and regional issues of common concern, yielding outcomes from the meeting.
Both sides held that the world is undergoing accelerated changes unseen in a century and has entered a new period of turbulence and transformation. As representatives of emerging economies and important members of the Global South, China and India should act in the interest of humanity, demonstrate the responsibility of major countries, consolidate the positive momentum of bilateral relations, strengthen coordination and cooperation in international and regional affairs, and make positive contributions to advancing the multipolarization process and democratization of international relations. As the two largest economies with the biggest populations, China and India should not only view bilateral relations with a long-term vision but also advance bilateral cooperation from a global perspective. The Global South, including China and India, is witnessing a collective rise. As the front rank of the Global South, BRICS should actively advocate and push forward multipolarization, safeguard the legitimate rights and interests of developing countries, and steer the international order toward a more just and reasonable direction. India and China will assume the rotating presidency of BRICS successively this year and next. The two sides need to enhance coordination and cooperation to grow the "BRICS Plus" cooperation mechanism so as to better represent and uphold the common interests of developing countries. The two sides agreed to continue advancing the Track 1.5 long-term dialogue and consultation mechanism between the two countries, invite senior officials and representatives from all sectors to take part in such dialogues and consultations, boost exchanges and cooperation across various fields, and jointly promote regional peace, development and prosperity.
Both sides emphasized that the Five Principles of Peaceful Coexistence, advocated by the older-generation leaders of China and India more than 70 years ago, need to be cherished and carried forward. China and India are important neighbors to each other, both major developing countries, major emerging economies and key members of the Global South. Being good neighbors and friends as well as mutually-beneficial partners will not only benefit the peoples of the two countries, but also exert a positive impact on the world. Both sides stated that they will accelerate the implementation of the consensus reached by the leaders of the two countries, step up high-level exchanges, advance practical cooperation in trade, people-to-people and cultural fields, uphold peace and stability in the border areas, properly handle differences, and make sustained efforts to promote the improvement and development of bilateral relations. The two sides need to stay committed to multilateralism, strengthen communication on major international and regional issues, safeguard the WTO-centered, rules-based multilateral trading system, advance world multipolarization, and defend the interests of developing countries.
Zhu Hongshan, Special Representative for Economic Affairs of the ICC, and Cheng Yu, Executive Secretary-General of the ICC; Shweta Singh, Minister of the Embassy of India in China, and Gautam Pandey, First Secretary of the Embassy of India in China, among other representatives of both sides, attended the meeting.