The visiting Chinese Premier Xi Jinping's visit to India has led to the signing of 12 agreements, including one on five years economic and trade development plan. An agreement on audio visual co-production, two on railways, another one on drug administration and culture have also been exchanged between the two. Both of them discussed openly and touched difficult issues, including the boundary issues. In connection with regional connecivity, the BCIM (Bangladesh, China, India and Myanmar) trade corridor was also discussed.
An MoU on the peaceful use of outer space and a twinning charter between Shanghai and Mumbai were also inked. Chinese President Xi Jinping has assured India of concrete steps to correct the trade imbalance and more market access and investment in China. Modi has invited Chinese investments especially in Infrastructure to which China has responded with a commitment to invest $20 billion in five years.
China has agreed to allow a new route from Nathula to Kailash Mansarovar, which will also be usable during rains.