Indian Finance Minister Arun Jaitley on Saturday met his Chinese counterpart Lou Jiwei and discussed a range of bilateral economic issues as well as global macroeconomic issues. The two finance ministers also held discussions on issues pertaining to the G20 Summit and BRICS (Brazil, Russia, India, and China).

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Jaitley is currently on a weeklong tour to China, where he is scheduled to attend the annual Financial Dialogue at the ministerial level on June 27.  

Before meeting Lou, Jaitley attended the annual Board of Governors meeting of the Asian Infrastructure Investment Bank. The bank - initiated by China late last year - seeks to provide financing for building world class infrastructures across the Asia Pacific region. India is the second-largest investor in the bank, after China.

Meanwhile, the Indian finance minister is going all out to woo Chinese investors. Jaitley claimed that the Indian economy is sustainable and the sky is limit as far as investment opportunities in India are concerned.

"It is sustainable for the reason that India has lot of distance in terms of economic growth to cover," Jaitely told Chinese state media.   

Jaitely added that the Indian economy performed reasonably well during last two years, despite a poor monsoon season, and could perform even better this year if monsoon season turns out to be favorable this year.  

The Indian finance minister trying to woo Chinese investors assumes lot of importance, given that a few months back, the Indian government was reportedly planning to make tough rules for Chinese investors. This was in response to China's snub of India in United Nations on Masood Azhar Issue.  

The New Delhi-Beijing relationship is also likely to suffer after China successfully blocked India's membership in Nuclear Supplier Group (NSG) on Friday in Seoul. However, Jaitley shied away from making any comments on NSG issue.

Most experts say that economic cooperation will largely remain unscathed despite the recent rocky issues of NSG and Masood Azhar.

Tagschina, India, Arun Jaitley, Chinese investors