India and China held their third round of the strategic economic dialogue in Beijing today focusing on collaboration in a number of areas, including railways and Information Technology.

The Indian side at the talks is headed by deputy chairman of the Planning Commission Montek Singh Ahluwalia while Xu Shaoshi, chairman of the National Reforms Development Commission led the Chinese delegation.

Ahead of the talks, five working groups covering different areas finalised the details for the high-level economic and trade dialogue between the two countries. Besides attending the SED, Ahluwalia would call on Chinese Premier Li Keqiang tomorrow.

The working groups covered areas like infrastructure, mainly the railways and operationalise the agreement for service centres to be set up in India for Chinese power equipment, environment and resources protection, water management and policy coordination, collaboration on planning and urbanisation, cooperation in high technology including the IT sector.