The two counterparts held discussions on a range of bilateral issues from trade to pilgrimages and river data sharing.
Wang also met India's National Security Advisor Ajit Doval on Tuesday for on-going negotiations on resolving the boundary dispute between the two countries.
"We are happy to share that stability has now been restored at the borders," Wang said during the delegation-level meeting with Doval.
"The setbacks that we faced in the last few years were not in our interest," he said.
The visit is being seen as the latest sign of a thaw in ties between the nuclear-armed neighbours.
India and China had agreed on patrolling arrangements to de-escalate tensions along the disputed Himalayan border in October last year.
Since then, the two sides have taken a range of steps to normalise relations, including China allowing Indian pilgrims to visit key places in the Tibet autonomous region this year. India has also restarted visa services to Chinese tourists and agreed to resume talks to open border trade through designated passes.
There are also reports that direct flights between the two countries will resume this year.
Wang's meetings are expected to lay the groundwork for Modi's first visit to China in seven years later this month, to attend the summit of the Shanghai Cooperation Organisation (SCO), a regional security bloc.
Reports suggest Modi might also hold bilateral talks with China's President Xi Jinping, but neither side has confirmed this.
The rapprochement between the countries comes in the backdrop of India's worsening bilateral relationship with the US.
Earlier this month, US President Donald Trump imposed an additional 25% penalty on Indian imports for buying oil and weapons from Russia, taking total tariffs to 50% - the highest in Asia.
On Monday, White House Trade Advisor Peter Navarro wrote an opinion piece in The Financial Times in which he accused India of "cosying up to both Russia and China".
"India acts as a global clearinghouse for Russian oil, converting embargoed crude into high-value exports while giving Moscow the dollars it needs," Navarro wrote.
"If India wants to be treated as a strategic partner of the U.S., it needs to start acting like one," he said.
In his remarks after meeting with Wang on Monday, Jaishankar said talks would include global developments.
"We seek a fair, balanced and multi-polar world order, including a multipolar Asia," Jaishankar said.
"Reformed multilateralism is also the call of the day. In the current environment, there is clearly the imperative of maintaining and enhancing stability in the global economy as well," he added.
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SubstantialSquash3 on August 19th, 2025 at 16:18 UTC »
One of the smart comments i heard on TV recently was that India isn't in the league of the US-China powers who are headed into imminent hostilities.
But the side India puts it's weight on when required could determine the course of the results. The marginal utility of India is extremely high in the high stakes fight.
That explains a bunch of behaviours.
SubstantialSquash3 on August 19th, 2025 at 08:48 UTC »
Anyone who reads Chinese history will never think this is real.... India did everything for China - recognise the country before everyone else, agreed on tibet take over, agreed on one China policy, denied signing major treaties in which China was left out, gave over the UN permanent security council seat that was offered to it, even "India-China brotherhood" government statements that failed to criticize China policies in everything.
Yet got stabbed in the back in the war, hostile takeover of territory, support to Pakistan's terrorism, screwed India in galwan, turned down several opportunities to be friends again as offered by Modi.
Fool me once, shame on you Fool me several times, Chinese delight
Mundane-Laugh8562 on August 19th, 2025 at 08:16 UTC »
SS: Chinese Foreign Minister Wang Yi met with Indian Foreign Minister S Jaishankar - only the second such meeting between the two sides since 2020 - when deadly clashes in the Galwan valley in Ladakh, a disputed Himalayan border region, led to a complete breakdown of ties between the countries.
Relations are now on a "positive trend" towards cooperation, Yi said ahead of a meeting with Indian Prime Minister Narendra Modi on Tuesday.
Jaishankar said that India and China were seeking to "move ahead from a difficult period in our ties".
The two counterparts held discussions on a range of bilateral issues from trade to pilgrimages and river data sharing.
Yi is also scheduled to meet India's National Security Advisor Ajit Doval for on-going negotiations on resolving the boundary dispute between the two countries.
The visit is being seen as the latest sign of a thaw in ties between the nuclear-armed neighbours.
The rapprochement between the countries comes in the backdrop of India's worsening bilateral relationship with the US.
Earlier this month, US President Donald Trump imposed an additional 25% penalty on Indian imports for buying oil and weapons from Russia, taking total tariffs to 50% - the highest in Asia.
On Monday, White House Trade Advisor Peter Navarro wrote an opinion piece in The Financial Times in which he accused India of "cozying up to both Russia and China".