India's Prime Minister Narendra Modi will also attend the meeting.
Building on the momentum from the informal summit in the Chinese city of Wuhan six weeks ago, Prime Minister Narendra Modi and Chinese President Xi Jinping on Saturday held a bilateral meeting on the sidelines of the Shanghai Cooperation Organisation (SCO) Summit.
The meeting took place on the sidelines of the annual Shanghai Cooperation Organisation (SCO) Summit, which will explore concrete ways to bolster cooperation in the fight against terrorism, extremism, and radicalisation, besides deliberating on pressing global issues.
India signaled in advance of the meeting that it will not compromise its sovereignty by reconsidering its opposition to the China-Pakistan Economic Corridor, an infrastructure project that would pass through land in Kashmir occupied by Pakistan but claimed by India.
This is the second meeting between Modi and Xi this year and the 14th in the past four years.
Iranian President Hassan Rouhani said he planned to discuss the situation following the USA withdrawal from the Iranian deal with Russian President Vladimir Putin.
"Our talks will add further vigour to the India-China friendship", Modi said on Twitter, as the two countries try to reset troubled ties months after a border standoff.
To that end, one of the agreements signed on Saturday amended the 2006 protocol on phytosanitary requirements for exporting rice from India to include the export of non-basmati varieties of rice.
Gokhale said that India has allowed China's state-owned Bank of China to open its branch in Mumbai.
During their meeting, the two leaders discussed a blueprint for deepening bilateral relationship and reviewed the implementation of decisions they had taken in the central Chinese city. Chinese President Xi Jinping has been seeking a bilateral meeting with Iranian President Hassan Rouhani, hoping to capitalize on Iranian estrangement from the G7 nations after U.S. President Donald Trump withdrew from the Iran nuclear deal.
China's appreciation of what Modi said was conveyed by Chinese Foreign Minister Wang Yi to External Affairs Minister Sushma Swaraj during a meeting held on the sidelines of the BRICS Foreign Ministers Meeting in South Africa this week.
After the deliberations, the member-countries, including Russia, Tajikistan, Kyrgyzstan and Uzbekistan, are expected to sign the Qingdao Declaration that will contain details for creating significant mechanisms to resist terror activities around the globe. India had said past year that China did not stick to an agreement to share hydrological data, or scientific information on the movement and quality of water, for the Brahmaputra. India, along with Pakistan, became full-time members during the 2017 summit in Kazakhstan.
Their second meeting in almost six weeks since the Wuhan Summit took place on the sidelines of the SCO meet and covered key aspects of the bilateral engagement, reflecting the resolve by the two countries to reset relations and bring back trust in their ties which was hit by the Doklam standoff and several other thorny issues.