IV. The two sides agreed that high-level exchanges between the governments, parliaments and political parties of the two countries play an important role in expanding overall bilateral cooperation. They conveyed their determination to maintain and strengthen the momentum of such exchanges in future and agreed to hold regular meetings between the leaders of the two countries. In this context, the two sides also reiterated their intention to promote regular ministerial-level exchanges and make full use of the China-India strategic dialogue and other bilateral dialogue mechanisms.    

    V. The year of 2005 marks the 55th anniversary of the establishment of diplomatic relations between China and India. To mark the occasion, the two countries will organize a series of commemorative activities. It was noted that "Cultural Festival of China" was currently underway in India and that a corresponding "Cultural Festival of India" would be organized in China later in the year. The two sides would also organize other cultural activities to further promote mutual awareness and deepen the friendship between the two peoples. The two sides declared 2006 as the "year of China-India friendship".Both sides expressed satisfaction with strengthened exchanges in the area of culture, and affirmed that mutual understanding and cultural exchanges would facilitate development of cooperation in other areas as well. In order to reinforce traditional cultural links, an agreement was concluded for the construction of an Indian style Buddhist temple at Luoyang in Henan Province of China.