The two sides have also agreed for a joint mechanism to verify the progress in the disengagement process through delegation meetings as well as using unmanned aerial vehicles.
Chinese military has also deployed a sizeable number of its troops in Galwan Valley, the site of the violent clashes on June 15 that left 20 Indian soldiers dead.
"As regards reports about a bridge being made by the Chinese side on Pangong Lake, the government has been monitoring this activity closely," External Affairs Ministry Spokesperson Arindam Bagchi said.
We very much hope that wisdom dawns on the Chinese side, Jaishankar said in Bangkok.
'China would want to take a tougher stance against India forming those strategic partnerships and prevent Quad from becoming a military alliance.'
'Neither will China -- at least for now -- because its troops are deployed in equal strength.' 'We are negotiating at equal terms right now and it's a game of patience.'
The Chief of the Army Staff interacted with almost all the injured soldiers and complimented them for their bravery.
The meeting will take place in Chushul sector on the Indian side of Line of Actual Control.
The structure and the level at which the hotline would be set up is likely to come up for discussion in future meetings between the two countries at the military level, they said.
Talks between the two sides were held on June 6 at the military commanders' level, including the 14 Corps Commander Lt Gen Harinder Singh from the Indian side while the Chinese side was represented by its South Xinjiang Military District commander Major General Liu Lin at Moldo opposite Chushul in Ladakh.
The experts also said China's military 'misadventure' may have been driven in part by President Xi Jinping's attempt to show 'gains somewhere" after the growing global criticism against his country over the origin of COVID-19.
Sources indicated that during Saturday's talks, India will insist on a faster disengagement process in remaining areas to bring down tension in the region, which has witnessed a tense standoff between the two militaries for over nine months.
The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.
The Chinese military is now desperately attempting to give "ex post facto strategic meaning" to its actions in eastern Ladakh.
'China is mindful of the fact that it is not confronting the Indian Army of 1962. But the sabre rattling will continue.'
Army chief General Naravane said the ongoing dialogue will sort out all the perceived differences between the two countries.
'We would have faced many more Galwans had Indian troops not reacted and retaliated the way they did.'
The Indian Army said the soldier, a Corporal in the Chinese People's Liberation Army(PLA), has been identified as Wang Ya Long and he will be returned to the Chinese military at the Chushul-Moldo border point after completion of formalities.
The sources said the focus of the talks was to take forward the disengagement process in friction points like Hot Springs, Gogra and Depsang in eastern Ladakh.
The intrusions into India were likely carried out by the PLA's better trained and equipped 'mobile operational units'.
Defence Minister Rajnath Singh held two-back-to-back meetings with top military brass on Tuesday deliberating on the situation in eastern Ladakh after an Indian Army officer and two soldiers were killed in a violent clash with Chinese troops in Galwan Valley.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
The next phase of the de-escalation process will kick off only after the fourth round of talks between corps commanders of the two sides.
When asked for an update on Tuesday's military-level talks, Chinese foreign ministry spokesperson Hua Chunying told a media briefing in Beijing that both sides reached progress for promoting further disengagement of the border troops at the Western Sector.
Zojila Pass, at a height of 11,516 feet above sea level, connects the picturesque Kashmir Valley with the cold Indus valley desert through the 434-km long Srinagar-Leh road.
The high-level talks came a week after 20 Indian Army personnel were killed in a violent clash between the two sides in Galwan Valley.
The decision to disengage the forces, locked in a bitter standoff for the last six weeks in eastern Ladakh, was taken at a nearly 11-hour-long meeting between senior Indian and Chinese commanders in Moldo on the Chinese side of the Line of Actual Control (LAC) on Monday.
'The last ten months show that India is not going to trust China.' 'Our military commanders are not going to believe that all is well till it actually is.'
"A strict vigil is being maintained in almost all the sectors with China from Ladakh to Arunachal Pradesh as the Chinese suffered a setback in the southern Pangong Tso area and may try to make fresh attempts to ingress into newer dormant areas," government sources told ANI.
In the review meeting, Singh told the top military brass to continue to deal with the situation in eastern Ladakh and other areas with "firmness".
'The Chinese are only about 160-170 km behind.' 'It will not take much time for them to bring their troops back, considering that they have better infrastructure -- and the weather is now favourable.' 'They can move in much faster as the terrain favours them.'
"The meeting thus did not result in resolution of the remaining areas," the Army said in a statement.
"After the Major General-level talks on Wednesday, the talks are expected to be held over the next few days in Chushul at multiple levels to find solutions to the dispute in specific areas," sources said.
In her introductory remarks at an all-party meeting convened by Prime Minister Narendra Modi on the situation along the Line of Actual Control, Gandhi posed a set of questions to the government, asking specifics about when Chinese troops intruded into the Indian territory in Ladakh and whether the country's external intelligence agencies did not report any unusual activity there.
The marathon fourth round of Lt Gen-level talks also focussed on steps for pulling back large number of troops and weapons from rear bases along the Line of Actual Control in eastern Ladakh.
'Even if there is no full-scale war, Galwan-like skirmishes cannot be ruled out.'
India's top military and strategic brass on Tuesday reviewed the overall situation in eastern Ladakh amid indications that the latest round of talks between senior military commanders of Indian and Chinese armies on the next phase of disengagement of troops may not have produced encouraging results, people familiar with the developments said.
Addressing a symposium on the international situation and China's foreign relations in 2022, Wang said both countries have maintained communication through diplomatic and military-to-military channels.
The Indian delegation at Thursday's talks is likely to be led by Naveen Srivastava, Joint Secretary (East Asia) in the external affairs ministry, they said.
The sources said the mutual disengagement of troops at the two friction points is likely to be completed within two days, and that there has been 'substantial' withdrawal of forces by Chinese military from the areas.