China wants to develop relationship with neighboring countries including Nepal based on the five principles of peaceful co-existence, friendship, amity and sincerity under the framework of the Belt and Road Initiative, Chinese Ambassador Yu Hong said.
The ambassador made the remarks on Friday while briefing local media on visions and strategies adopted at the 19th National Congress of the Communist Party of China (CPC) held in October in Beijing.
Ambassador Yu said that the 19th CPC National Congress added the Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era into the Party Constitution.
"It will be an era of securing a decisive victory in building a moderately prosperous society in all respects, and of moving on to all-out efforts to build a great modern socialist country," she said.
Ambassador Yu touched upon various decisions made by the 19th CPC National Congress during her two-hour presentation.
The ambassador said the 19th CPC National Congress has adopted various strategies to basically realize socialism modernization in China by 2035 and turn China into a great modern socialist country by 2050.
Highlighting about various facets of bilateral relationship between China and Nepal, Ambassador Yu said Nepal has opportunities to reap benefits from the China-proposed Belt and Road Initiative.
"We are happy to note that Nepal joined the Belt and Road Initiative in May this year," she said, adding that the two countries can advance their cooperation in multiple fields such as railroad connectivity, physical infrastructure development, tourism, people-to-people contacts and culture.
She said that the Belt and Road Initiative is not something "China gives and other countries receive."
"It is a mutually beneficial approach for the economic development between China and the countries who become part of it," she said.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative was proposed by China in 2013 with the aim of building a trade, investment and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes.
The ambassador believed that China pursues its bilateral cooperation with Nepal based on the five principles of peaceful co-existence, amity, sincerity and friendship.
The event was attended by two dozen senior journalists representing renowned state-owned and private media in Nepal.
