China's Assistant Foreign Minister Kong Xuanyou was the Chief Guest at the reception.
Addressing the gathering, Indian Ambassador to China Vijay Gokhale said 2016 was an important year in India-China relations as a number of bilateral visits took place.
From the Indian side, last year was marked by the visits of the president, the ministers of defence and finance, the National Security Advisor, while China's Secretary of Central Political and Legal Affairs Commission, State Councillor, Foreign Minister and Chairman of National Development and Reforms Commission visited India, he said.
"At the same time it is not unnatural for two large neighbouring powers to have some differences. In the management of our relationship and for peace and progress in the region, both our countries need to show sensitivity and respect for each other's core concerns and interests," Modi said.
"Building on this momentum, we look forward to work with our Chinese friends to continue our engagement in 2017 and making further progress in our relationship," Gokhale said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
