They added that all the other meetings of Jaitley while in Beijing -- including an engagement with his Chinese counterpart Lou Jiwei on June 27 and interactions with investors and bankers -- were on schedule.
The Finance Minister will also represent India at the first meeting of the board of governors of the Asia Infrastructure Investment Bank (AIIB) on June 25-26. The India-China Financial Dialogue was established during the visit of Chinese Premier Wen Jiabao to India in April 2005. Thus far, seven rounds have been held -- the last one in December 2014 in New Delhi.
Discussions are generally held in areas such as challenges facing the global economy, the macro-economic situation and policies in the two countries, progress on structural reforms, and the status of bilateral multilateral frameworks.
In the last round, India was represented by Dinesh Sharma, Additional Secretary in the Department of Economic Affairs, during which it was agreed that Chinese long-term investments in the Indian infrastructure sector will be encouraged, among other matters.