The C919 - a twin-engine, narrow-body aircraft seating up to 174 people - is similar in size to the Airbus 320.
China must maintain medium-high growth for the next five years.
India is devoting itself to promoting a strategy of diversifying its energy sources.
China has overtaken the US as the world largest online retail market with $442 billion compared to US.
The government has set seven per cent as the GDP target for this year.
Recent IMF forecast said China's growth is expected to slow down.
Both sides are fielding the same number of troops for the joint exercises, which will culminate on October.
China has launched a host of reforms to halt the slow down of the economy, which is hovering around seven per cent with forecasts that it would dip down further.
Manufacturing of consumer goods, like food and liquor continued to improve in September.
India has consistently asked China to open up its market for IT and pharmaceuticals.
China should move toward the upper reaches of the global chain.
Xi will later head for New York to attend the UN General Assembly session.
China is battling a property downturn, industrial overcapacity, sluggish demand and struggling exports.
Exports dipped 1.6 per cent to 8.95 trillion yuan.
'The Indian economy is full of potential.'
It was a "bloody Monday" for Chinese stock markets as shares once again nosedived in the sharpest decline since 2007.
Currently Jack Ma owns 7.6 per cent of Alibaba and Joe Tsai owns 3.1 per cent.
The explosions took place as rescuers began cleaning hundreds of tonnes of cyanide at the blast site, most of which was unaffected raising fears of the possibility for contaminating air and water sources.
The death toll in twin explosions in this Chinese port city of Tianjin on Saturday rose to 85 amid protests from frustrated relatives of the missing fire fighters demanding answers on their loved ones' fates as specialised anti-chemical warfare soldiers recovered one survivor.
Fires are still burning at the site of the two massive explosions some 36 hours after the blasts as another 6,200 people were evacuated to prevent further casualties.
