'We will continue to be in touch with each other and share our concerns,' said Krishna who became India's foreign minister nearly two months ago.

The Chinese foreign minister conveyed that Beijing was looking forward to the visit of President Pratibha Patil later in the year, Krishna said.

The two foreign ministers expressed satisfaction with the dramatic expansion of economic ties, despite political differences over issues like the boundary dispute and recent strains in ties due to China's opposition to a development loan for India with the Asian Development Bank.

Bilateral trade between the two neighbours is estimated to surpass $60 billion by 2010.

Beijing recently opposed a loan for India at the Manila-based ADB as it included an allocation for Arunachal Pradesh, India's northeast state which is claimed in its entirety by China.

The meeting took place ahead of the 12th round of boundary talks that will be held in New Delhi Aug 7-8.