China was looking to boost agricultural exports to India while increasing imports of rapeseed and soymeal from the country, President Xi Jinping told Indian Prime Minister Narendra Modi on the sidelines of a G20 meeting on Friday.

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China`s Xi also indicated greater trade in the pharmaceuticals sector between the two nations, India`s foreign secretary Vijay Gokhale, who was travelling with Modi, said, detailing the deliberations between the two leaders.

"On the economic side, President Xi Jinping referred to enhanced imports of rice and sugar from India and spoke of possibility of greater imports of soymeal and rapeseed," he said.

The meeting at the G20 summit was the fourth between Xi and Modi this year as the leaders looked to build on a thaw in ties between the two countries after a military standoff on their disputed border last year, officials told Reuters on Thursday.

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India`s commerce ministry and a six-member Chinese delegation signed an agreement on Wednesday allowing Beijing to inspect imports of Indian fish meal and fish oil in an effort to ease market access for exports of various farm products.