SATV 11 April, Kathmandu: A one-day Nepal-China Economic and Business Summit organized by the Nepal-China Exchange Forum was successfully held in Kathmandu on Friday. The event brought together bilateral scholars from Nepal and China with the aim of fostering in-depth discussions on economic and business issues.

Chaiperson of National Assembly, Mr. Narayan Prasad Dahal

Inaugurating the summit, National Assembly Chairperson Narayan Prasad Dahal highlighted the centuries-old trade and cultural partnership between Nepal and China. He stressed the need for ongoing intellectual discourse to sustain and strengthen the bilateral relationship. Praising China’s rapid economic development, Dahal emphasized the importance of learning from Chinese expertise and expressed gratitude to the organizers for facilitating such knowledge-sharing platforms.

Jhalanath Khanal, Senior Leader of CPN (Unified Socialist) 

The summit featured four thematic sessions focused on key topics including trade partnerships, economic coordination and advancements in agricultural technology. Addressing the gathering, former Prime Minister and senior leader of the CPN (Unified Socialist) Jhala Nath Khanal noted that even amid a global economic slowdown, China’s resilient economy offers valuable lessons for Nepal. Drawing a parallel to historical figures like Araniko who once shared Nepali art with China, Khanal emphasized that the time has come for Nepal to learn from China’s technological advancements. He expressed confidence that these kinds of bilateral dialogue and forums would further strengthen the seven-decade-long friendly ties between the two nations.

Wang Xin, DCM, Chinese Embassy Nepal

On the occasion graced by Prominent political figures such as CPN-UML leader Surendra Pandey, CPN (Unified Socialist) senior vice-chair Damodar Prasad Pandey, and CPN (Maoist Centre) General Secretary Dev Gurung, Deputy Chief of Mission at the Chinese Embassy in Nepal, Wang Xin, underscored the importance of embracing China as a partner for future progress. He stated that China has always been committed to building a community of shared destiny with neighboring countries such as Nepal. "To walk with China is to walk with opportunity; to believe in China is to believe in the future."

During panel discussions involving senior officials from the Government of Nepal and top figures from various sectors, emphasis was placed on strengthening tourism exchanges and boosting exports of products such as pashmina and meat-based products. Participants voiced a shared belief that enhanced economic and trade ties would yield mutual benefits and contribute to a shared, prosperous future.

China currently stands as Nepal’s second-largest trade and tourism partner. Summit participants called for greater efforts to improve economic connectivity between the two countries. They also stressed the need to expand border points and reduce Nepal’s over-reliance on India's Kolkata port for third-country trade, advocating for broader logistical and infrastructural diversification.