Chinese Foreign Minister Wang Yi said his country would provide funding and human resources to train Nepalese professionals in the hydropower and other sectors. Wang spoke to reporters during his three-day visit to Nepal, which ends tomorrow.
Nepal is trying to woo investment from its giant neighbors China and India. New Delhi recently offered billions of dollars in both investments and development grants.
"Nepal has power shortages and electricity is essential for Nepal's efforts to industrialize, to create more jobs, to build its capacity in independent development and to raise quality of lives of its people," Wang told reporters in Katmandu, Nepal's capital.
He said China could assist Nepal in a variety of sectors, including agriculture, infrastructure, science and technology, tourism, security and law enforcement.
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Wang said China and Nepal have some common security needs and that they need to work together to crack down on "illegal border crossing and transnational crime", an apparent reference to Tibetans who flee to India from China through Nepal to join the Dalai Lama.
The Dalai Lama gave up his political role as the leader of the Tibetan government-in-exile in 2011. Chinese officials, however, denounce him as a separatist.