China contributes USD 1 mn for Nalanda University

China on Thursday contributed US$ 1 million for the Nalanda University in Bihar.

Jiabao and Indian Prime Minister Manmohan Singh held talks on bilateral relations and regional and international issues of mutual interest here on Thursday.

?China welcomed India’s efforts to revive the Nalanda University. Both sides appreciated the work of the Nalanda Mentor Group and the progress made so far. India welcomed China’s contribution of US$ 1 million for the Nalanda University,? said a joint communiqu? issued by Singh and Jiabao.

India and China reaffirmed their support for the multilateral cooperation mechanisms in Asia and their positive view on each other?s participation in the cross-regional, regional and sub-regional cooperation processes in Asia.

?The two sides agreed to broaden cooperation within the framework of the East Asia Summit (EAS), the Asia-Europe Meeting, the Shanghai Cooperation Organization, the Russia-India-China trilateral cooperation mechanism and the South Asian Association of Regional Cooperation (SAARC),? said the statement.

Jiabao is on a state visit to India from December 15-17 at the invitation of Singh.