China will make a new deal to import rice and sugar from India as Chinese president Xi Jinping suggested for a new trade deal which targets $ 10000 crore within two years, during the Shanghai Co-operative Organisation (SCO) summit.

The previous year's trade between India and China reached to $8444 crore after rising to 18.63%. India will host the next year's summit of SCO which is a union of 8 nations where India and the neighbouring country Pakistan joined the organisation last year as a full time member.