The Memorandum of Understanding was signed by GSFC university president Sudeep Kumar Nanda and MGLI Director General Sanjay Prasad yesterday.
The proposed institute will receive technical and academic cooperation from expert organisations in China for its activities and projects, Nanda said.
The institute shall support the ongoing programmes under national initiatives like 'Skill India', 'Make in India' and 'Startup India'.
The proposed institute will provide training programmes, joint research and teaching programmes in skill development and entrepreneurship.