Ahluwalia is confident that whatever the composition of the new government in New Delhi they would back the projects as they are most feasible at present.
Indian railway construction is expected to showcase China-India cooperation, state-run China Daily quoted officials as saying after Ahluwalia's meeting with Li.
At the SED, the two sides signed memorandums and pacts on sustainable urbanisation, IT and the energy sector.
The construction and upgrading of the Indian-Chinese railway topped the agenda of the SED meeting, which was presided over by Ahluwalia and Xu Shaoshi, chairman of China's National Development and Reform Commission.
Ahluwalia also held talks with top officials of the state owned China Development Bank, which finances infrastructure projects all over the world.