Finance Minister Arun Jaitley has said that government is committed to working towards expanding and deepening engagements between India and China. Mr Jaitley said this after a high level Chinese delegation led by Mr. Xia Baolong, Chairman of the Standing Committee of Zhejiang Provincial called on him in his office. Mr Jaitley also said, the relationship between the two large countries with growing economies transcends bilateral scope and has regional, global and strategic significance. The Chinese delegation has also signed MOUs estimated at 2.5 billion dollars with the Indian companies.