India is committed to taking forward its ties with China based on mutual trust, respect and sensitivity, Prime Minister Narendra Modi told Chinese President Xi Jinping as the two leaders held wide-ranging talks to reset the bilateral relations.

In his televised opening remarks, PM Modi said the welfare of 2.8 billion people is linked to bilateral cooperation between India and China.

The prime minister noted that there is peace and stability along the border following last year`s disengagement process, adding that direct flights between the two countries are being resumed.