Which of the following statement is true?

Statement 01: Panchsheel, the Five Principles of Peaceful Coexistence, by the Indian Prime Minister Nehru and the Chinese Premier Zhou Enlai on 19 April 1959 was a step in the direction of a stronger relationship between the two countries.

Statement 02: China claimed the Aksai-chin area in the Uttarakhand region and much of the state of Arunachal Pradesh in what was then called NEFA.

Both Statements are not true.

The Panchsheel Agreement, also known as the Five Principles of Peaceful Coexistence, was signed between India and China in 1954. The signatories of the Panchsheel Agreement were:
Jawaharlal Nehru - Prime Minister of India, and
Zhou Enlai - Premier of the People's Republic of China

These 5 principles are:

1- Mutual respect for each other's territorial integrity and sovereignty.
2- Non-aggression: Neither country would seek to attack or invade the other.
3- Non-interference in each other's internal affairs: Neither country would interfere in the internal matters of the other.
4- Equality and mutual benefit: Both countries would treat each other as equals and work for mutual benefit.
5- Peaceful coexistence: Both countries would strive for peaceful coexistence and avoid any actions that could lead to conflicts.

China claimed the Aksai-chin area in the Ladakh region of Jammu and Kashmir and much of the state of Arunachal Pradesh in what was then called NEFA (North Eastern Frontier Agency).