Indian Prime Minister Narendra Modi said through a Chinese online-social platform on Saturday that his meeting with visiting Chinese Vice-President Li Yuanchao was "fruitful".

"I see tremendous potential for India and China ties. We talked about economic, trade and cultural aspects of our relationship," Modi said on his Weibo account, a Twitter-like micro-blogging platform. Modi has interacted with the Chinese public through Weibo since his visit to China in May.

During their meeting on Friday, Li extended the wishes of President Xi Jinping and Premier Li Keqiang to the Indian prime minister, saying that China deems India's development as a key opportunity and the two counties should deepen cooperation. Li started his five-day visit to India from Tuesday at the invitation of Indian Vice-President Mohammad Hamid Ansari.

Both sides agreed that peaceful, cooperative and stable relations between India and China are vital for regional and global peace and prosperity.

Modi recalled the visit of President Xi Jinping to India last year, and his own visit to China in May this year. He highlighted opportunities in railways, smart cities, infrastructure and urban transport for cooperation between the two countries, according to the Indian embassy to China.

Modi welcomed the increased level of investments from China to India and expressed hope that the growth in the number of Chinese tourists visiting India will continue. He said the ancient cultural ties between the two countries are a catalyst for growth of stronger people to people relations.

The visit is "another major interaction between the two sides," which will help "inject new momentum to bilateral ties", Chinese Foreign Ministry spokesman Lu Kang said in late October.

In recent years, with concerted efforts, the strategic partnership between China and India for peace and prosperity had been sound and stable, Lu said.

The leaders of the two countries were coordinating their position on regional and international affairs, following the direction given by the two leaderships to deepen cooperation, Lu said, adding the Chinese side "always views bilateral ties from a strategic and long-term perspective".