President Xi Jinping has declared China and India should respect and take care of each other's concerns and properly handle disputes in a constructive way.

He made the remarks on Sunday during a meeting with Indian Prime Minister Narendra Modi on the sidelines of the G20 summit in Hangzhou.

He said the two neighboring big developing countries should keep developing bilateral ties, change views often on major issues of common concern and strengthen strategic communication to boost mutual understanding and trust.

China expects to work with India to maintain the hard-won positive ties, he said.

Xi also said the Chinese government would encourage enterprises to invest in India and suggested the two sides explore possibilities of some "concrete big projects" in fields such as infrastructure and capacity cooperation.

Modi said the India-China relations were of great importance to the two countries, the region and the world.

The two countries hold similar stances on international affairs, he said.

Asian countries should join hands to strive for regional stability and prosperity, he added.