On July 14, 2011, Chinese State Councilor Dai Bingguo met in Beijing with Sitaram Yechury, a member of the Political Bureau of the Central Committee of the Communist Party of India (Marxist) and a Member of Parliament.

Dai briefed Yechury on the spirit of the speech delivered by Hu Jintao, general secretary of the Communist Party of China (CPC) Central Committee at a grand gathering marking the 90th founding anniversary of the CPC. Bilateral relationship between China and India maintains a good momentum of development and faces unprecedented advancement opportunities, Dai said. China and India are two biggest emerging and developing countries in the world, and strengthening communication and cooperation between the two sides will be conducive to the development of both countries and be helpful in promoting the overall competitiveness and influence of developing countries, he added. Dai noted that China has always looked at and handled relations with India from a long-term and strategic perspective and is willing to work with India to increase mutual understanding and trust, expand exchanges and cooperation, and promote bilateral relations to a new high.

Yechury pointed to the huge potential for developing bilateral ties and expressed high expectations from Indian people and business community to cement cooperation between the two countries. He said the development of bilateral ties enjoys broad prospects. "The Communist Party of India hopes to play a positive role in maintaining the sound momentum of bilateral relations and help further ties between the two sides." Yechury said.