Building on the goodwill generated by the landmark handshake between the world's two powerful armies last month in Kumming in China, the two leaders decided to have a second military exercise in India.
India and China are becoming engines of growth and must use their natural and human resources, technology and capital for the benefit of the region, said the prime minister.
"Indian business is ready to face the brave new world of globalisation. China is an important part of that brave new world. We must engage China and learn to both compete and cooperate," Singh, who began a three-day maiden visit here, said at a brainstorming session with the business delegation accompanying him, ahead of the Sino-Indian business summit on Monday.
The Prime Minister was briefed by senior officials on the models like the 'Bird's Nest' (the main Olympics venue), 'Water Cube' (where the aquatic events will take place) and the 'Olympic Green' (the area with plants and trees) that have come up for the 2008 Beijing Olympics.
The summit, hosted by South African President Thabo Mbeki, is being attended by Brazilian President Lula Da Silva, and leaders and officials of the three countries.
"The government seems to have lost its will to carry out the CMP and more and more it is functioning only to benefit a section of our people," Bardhan lamented.
The Left parties have time and again drawn attention of the government to fulfill pro-people commitments of the UPA made in the Common Minimum Programme.
The Russian leader said as part of strengthening the strategic relationship between Russia and India there were serious plans for cooperation in high-tech, space research, aviation, construction of ships, energy, including nuclear energy.
During the visit, Russia is expected to finalise agreements on giving four more reactors in the Kudankulam project.
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