However, there will be no bilateral meetings between Swaraj, Sitharaman with their Pakistani counterparts.
We have seen great strides in all-around cooperation, Chinese foreign ministry spokesperson said.
Special Representatives of India and China will hold the 16th round of boundary talks in Beijing on Friday, the first such meeting under the new Chinese leadership, to make another bid to move forward on the resolution of the vexed dispute.
China on Sunday said the border dispute with India has been "contained" and the Indian elephant and Chinese dragon should "do more" to strengthen the bilateral cooperation to facilitate its settlement.
This is the second time that China has defended the decision to put a technical hold on India's bid to ban Azhar, the mastermind of the January 2 Pathankot terrorist attack.
Besides the border question, India and China discussed issues related to counterterrorism including Beijing's blocking of India's bid in the United Nations to ban Pakistan-based JeM chief Masood Azhar, National Security Advisor Ajit Doval said on Thursday.
This was the first round of talks for Wang after he succeeded State Councillor Yang Jiechi earlier this year.
China and India on Wednesday held their upgraded strategic dialogue to shore up bilateral ties amid hectic parleys to resolve differences over Beijing's reluctance to support India's bid for Nuclear Suppliers Group membership as well as a United Nations ban on JeM chief Masood Azhar.
Chinese President Xi Jinping arrived in Chennai to a grand welcome on Friday, a visit that comes soon after the recent episode of turbulence in bilateral ties over India's decision to withdraw Jammu and Kashmir's special status and reorganise the state into two union territories.
Expressing grave concern over a US nuclear-powered submarine sustaining damage in the disputed South China Sea, China on Friday demanded Washington to reveal the details and the location of the accident and blamed America's frequent air and naval sorties in the Indo-Pacific to assert the "freedom of navigation" as the "root cause" of the incident.
Chinese Vice Foreign Minister Liu Zhenmin "called in" India's envoy in Beijing Ashok Kantha to lodge a protest on Modi's visit on Friday
The US and China have sparred over the origin of the virus for days, with a Chinese official promoting conspiracy theories.
On the border dispute, officials on both sides say the protracted boundary talks made progress, while both sides made attempts to avert tensions along the 3,488-kilometre-long Line of Actual Control, which remains undefined.
Describing the boundary talks with China as "positive", National Security Adviser Ajit Doval on Friday said India has inalienable positions and the government will protect vital national interests.
Leaders of the United States, India, Australia and Japan did discuss the 'challenge' posed by China during the first meeting of the Quad, and they made clear that none of them have any 'illusions' about Beijing, US National Security Advisor Jake Sullivan has said.
Pompeo, who became the Trump administration's highest ranking official to visit Sri Lanka, said that the US and Sri Lanka shared a vision for democracy to build a relationship and the "freedom to hold democratic elections".
Talks between Chinese Vice Foreign Minister Xie Feng and US Deputy Secretary of State Wendy Sherman to improve the relations got off on a rough note at the northeastern Chinese port city of Tianjin, with Xie launching a blistering attack on Washington, accusing it of being the "owner of coercive diplomacy".
The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.
India, Taiwan and countries with large numbers of Tibetans, Uyghurs and overseas Chinese will be prominent among those that witness elevated United Front activity, notes Jayadeva Ranade, the distinguished China expert and retired RAW officer.
The US, he said, rejects any Chinese claim to waters beyond a 12-nautical mile territorial sea derived from islands it claims in the Spratly Islands (without prejudice to other states' sovereignty claims over such islands).
The president said China would never allow "any people, organisation or political party to split any part of Chinese territory out of the country at any time, in any form."
Xi and Modi are scheduled to hold informal summit talks on Friday evening and on Saturday.
Even senior Indian officials have openly stated that Chinese troops did not enter into the Indian territory, Wang said.
Xi has already been elected as general secretary of the ruling Communist Party of China at its once-in-five-year congress in October last year.
China has asserted that it had never waged a war to occupy 'an inch of land of other countries', days after Bharatiya Janata Party's prime ministerial candidate Narendra Modi slammed the Communist giant for its "expansionist mindset".
Spread over two days -- Friday and Saturday -- at a picturesque desert resort in Southern California, Obama, 51, and Xi, 59, had several rounds of meetings and a candle-lit dinner spread over nearly eight hours on a range of bilateral, regional and global issues.
"Both India and China are victims of terrorism and the region was suffering from the menace. The prime minister said no country is immune from terrorism and on this issue, we cannot afford to have any differences," MEA spokesperson Vikas Swarup told reporters after the meeting.
Chinese President Xi Jinping arrived in Ahmedabad on Wednesday to a grand welcome. He is India on a three-day visit which will focus on significantly ramping up trade and investment, besides addressing the contentious border issue that has seen occasional flare ups between the two Asian giants.
'After more than 20 years of understanding, nothing much seems to have been achieved. What the two countries have been trying to do is to manage the recurrence of border incursions. The two sides must address the disease, and not the symptom of the disease,' says Rup Narayan Das.
Other issues discussed included cooperation for the success of the India-China Tourism Year and Youth exchanges.
'During disengagement, you don't find violence.' 'And that, too, the killing of a commanding officer.' 'This indicates that this is more serious than previous incidents.'
'India need to look beyond the economic prism.' 'China had no qualms in taking the Kashmir issue to the UN Security Council last year -- not once, but thrice -- thus violating Indian sensitivities,' observes China expert Srikanth Kondapalli.
The meeting, which comes after the Doklam standoff, is aimed at a working a new paradigm for the bilateral relations for the next 15 years.
'China knows the best way of twisting the knife in its dealings with India: By launching a major incursion into Indian territory,' says Rajeev Sharma.
Meanwhile, the test drew strong criticism from North Korea's neighbours and the West which warned of a robust response to its "grave provocations".
'Problems will keep recurring unless China vows to resolve all outstanding issues between the two sides,' says Sana Hashmi.
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
We can expect to see more Chinese wolf warrior diplomats on the prowl, in India's neighbourhood, though its mailed fist is not so visible while dealing with India, observes Colonel R Hariharan (retd).
Under the policy, the US recognises and has formal ties with China rather than the island of Taiwan, which China sees as a breakaway province to be reunified with the mainland one day.
'Xi's emphasis on enhancing conventional military deterrence capabilities, joint operations and power projection are likely to increase friction points with India as with other nations,' points out China expert Srikanth Kondapalli.
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