We'll need to see what Chinese official media sources hint about this first. Doubt a pull back unless India offers/offered something tasty in return. It's been in standoff for nearly a year now. China is obviously not even the slightest bit worried or scared of supa dupa powafall India because the PLA has been waiting for Indians to shoot for nearly a year and the most the Indians dared was to ban a few dozen apps.
So
IF there is a PLA pull back to finger 8 on the lake. Is there also a pull back further north? A symbolic pull back to finger 8 in return for something while PLA stays put up to pp13/14 in the valley further north? Or a total pull back to pre-March positions? Modi must've offered many attractive things in return
IF such a thing is true. A whole year spent showing India that China will not tolerate their decades long salami slicing and a whole year of showing India it ain't the shadow of an ant in mightiness. If the PLA and China were worried and want to avoid war with India, it simply wouldn't have stoop with its feet on India's face for a full 9 months just watching squirm and ban apps. So obviously Modi must've been good on his knees

again trusting Indian media blindly.