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The bilateral meeting with the Chinese President came just over a month after the two leaders met for an informal summit in China's Wuhan.

These were some of the outcomes of a meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Qingdao on Saturday ahead of a China and Russian Federation led Eurasian grouping-the Shanghai Cooperation Organisation-on Sunday.

It is Modi's second visit to China in little over five weeks. Indian pharmaceuticals are another potential item of export to China, he said.

Citing Afghanistan as an "unfortunate example" of effect of terrorism, Modi said he hoped the courageous steps towards peace taken by President Ashraf Ghani will be respected by all in the region, apparently referring to a cease-fire announced by the Afghan leader for the Eid festival. On Saturday, PM Modi also attended bilateral meetings with several heads of states, including Chinese President Xi Jinping in Qingdao.

The plane of Air India carrying Indian Prime Minister Narendra Modi arrives at Qingdao Liuting International Airport for the 18th Shanghai Cooperation Organization (SCO) Summit in Qingdao city, Shandong province, China June 9, 2018.

India and China on Saturday agreed on measures to build on the consensus achieved by their leaders during recent talks in Wuhan, including the next informal summit to be held in India in 2019 and steps to maintain peace along the disputed border.

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He also felicitated his Chinese counterpart on the successful conduct of SCO Summit in China.

Modi said his meeting with Xi today would add further vigour to the India-China friendship after their first informal summit at Wuhan in April. They also discussed the regional security situation and global issues.

Sharing some aspects of the almost 50-minute meeting, the foreign secretary said Xi described the Wuhan summit as a "new starting point" in bilateral relations between the two countries while Prime Minister called it as a "milestone" in ties which will help in developing mutual understanding and trust. "In that context a new people-to-people mechanism will be set up, headed by External Affairs Minister Sushma Swaraj on the Indian side and by State Councillor and Foreign Minister Wang Yi". China is willing to work with India to see the Wuhan meeting as a "new starting point" and to cooperate so as to push ties in a faster and steadier manner, Xi was quoted as saying by China's state-run Xinhua news agency. The next Modi-Xi meeting would take place in South Africa in July on the sidelines of the BRICS summit, he said.

"Wonderful to meet Mr Shavkat Mirziyoyev, President of Uzbekistan". I believe that the Qingdao Summit will further enrich the SCO agenda, while heralding a new beginning for India's engagement with the SCO.

Xi noted it was India and Pakistan's first meeting since joining in 2017 and said this year they would "draw up a blueprint for (the SCO's) future growth".