"One of the ways it could be developed is through enhanced political communication. To build a people-centric partnership, there must be mutual trust predicated on mutual respect and a better appreciation of respective political and social systems.
This can be achieved by closer contacts at all levels," Mukherjee said.
Delivering a lecture on India-China relations at Peking University in Beijing, Mukherjee said that both the countries have managed to maintain unity and growth during the times of global economic uncertainty.
"The joint contribution of the two countries to world economy as well as regional and global stability cannot be underestimated. India and China are poised to join the ranks of leading global powers," Mukherjee said.
"The two countries are emerging economic powers and should remain equally focussed on nurturing global regional and global prosperity," Mukherjee added.
"The annual exchanges between India and China have been fruitful but both sides need to synergise their potential. In a digital age, joint film productions could be useful instruments for creating positive perceptions among our people," he said.
He added: "Travel can also be a very important binding factor between the two countries. Indians would like to have more opportunities to travel to their holy sites in China and, in turn, welcome more Chinese visits to Buddhist pilgrimage centres in India."