The total trade between China and India in 2021 stood at USD 125.66 billion, up 43.3 per cent from 2020, state-run Global Times reported, quoting data from the General Administration of Customs.
The 14th round of talks between the Indian and Chinese Corps Commanders was underway as the Chief was briefing the media.
The 14th round of Corps Commander-level talks are taking place at the Chushul-Moldo border point on the Chinese side of the Line of Actual Control (LAC) in eastern Ladakh.
China says current situation on Sino-India border 'stable'; confirms commander-level talks on January 12
Chinese Foreign Ministry spokesman Wang Wenbin said China hopes that India will help the situation move from an emergency mode to a regular daily based management phase.
The Indian side sent at least two proposals to the Chinese People's Liberation Army for the 14th round of the military talks, but the latter is yet to respond to the communications.
He cited a news report claiming that the Chinese have been constructing a bridge on Pangong Tso Lake for over two months which is extremely close to the LAC.
Sources said that the Indian Army is keeping all the mountain passes open to rush in troops if they are required at any of the friction points there.
The pass was last Friday 'renamed' as Se La (not very different from the Indian map spelling) by the Chinese Ministry of Civil Affairs in accordance with a new law.
India shifted gears in rejuvenating strategic ties with its major partners like the US and Russia and focused on drumming up global support for its distinct strategy in the Indo-Pacific.
China's Ministry of Civil Affairs announced on Wednesday that it had standardised in Chinese characters, Tibetan and Roman alphabet the names of 15 places in Zangnan, the Chinese name for Arunachal.
The e-inaugurated projects include India’s first indigenous Class-70 140-foot double-lane modular bridge, built at an altitude of 11,000 feet at Flag Hill Dokala, Sikkim.
Wang's remark comes in the midst of the lingering border row between the two countries in eastern Ladakh.
Situated at a height of 15,200 feet above sea level, the pass sits on the top of a craggily formed Himalayan range that separates the Tibetan plateau from the Indian sub-continent.
The Chief of Air Staff also said that China's 'hegemonic and sometimes entrapping policies' can provide opportunities for India to leverage areas of both trade and defence in the Indo-Pacific region.
The giveaway is the fleeting presence of convoys of troops being sent to guard the icy Himalayan heights at the border with China, India's northern neighbour which attacked Tawang in 1962.