Indian Prime Minister Manmohan Singh is visiting China at a crucial time, both for China and India.

China is preparing for the Third Plenary Session of the 18th Communist Party of China's Central Committee, at which the government will set the tone for future reforms.

Most importantly, they will map out how to reorient growth toward domestic demand, consumption and services, while making efforts to overhaul the country's industrial structure. India, on the other hand, is just months away from general elections, which could result in a changing of the guard.