New Delhi, March 18 -- Beijing on Monday welcomed Prime Minister Narendra Modi's remarks on India-China cooperation being essential for global stability and prosperity, and said the Chinese side stands ready to work with New Delhi to rebuild bilateral ties.

Modi said in a podcast aired on Sunday that differences between neighbours such as India and China are natural, but these should not turn into disputes since bilateral cooperation.

Chinese foreign ministry spokesperson Mao Ning at a media briefing in Beijing on Monday described Modi's remarks as "positive".

"China stands ready to work with India to implement the important common understandings, promote exchange and cooperation in various fields, and advance China-India relations on th...