Kathmandu, Nov. 5
Economists and
analysts have stressed the need for intensified cooperation in technology
transfer, renewable energy and education and research between Nepal and China.
Speaking at a seminar
on 'Relevance of China's 15th 5-year Plan for Nepal's development
path' organised by Nepal-China Friendship Forum (NCFF) in Kathmandu on
Wednesday, they said that collaborations between the universities and business
groups as well as innovation institutions should be immediately promoted.
While people-to-people
exchange and trade relations have boosted between the two countries, Nepal must
learn from China's 'high-quality' development strategy, resource management and
technological advancement, they said.
Professor Sanjay
Acharya of the Central Department of Economics, Tribhuvan University, said that
Nepal should look for opportunities for collaboration, primarily through the
Trans-Himalayan Multi-Dimensional Connectivity Network.
"China has interest in the development of
this project so Nepal should devise infrastructure in line with this network. In
this regard, development of the Nepali section of the China-Nepal Cross-Border Railway,
Tokha-Chhahare Tunnel and Hilsa-Simikot Road Project are potential to improve
physical connectivity and trade routes," he said.
According to Prof.
Acharya, Nepal can leverage access to Chinese inland and maritime ports
(Tianjin, Shenzhen, Lianyungang, and Zhanjiang) for third country trade.
He highlighted Chinese
policy on technological self-reliance, boosting domestic demand and industrial
modernization, and said, "China has reinforced the dual circulation
strategy to strengthen its internal economic drivers and expand domestic
consumption. It has taken a significant policy departure by adopting 'looking
inward' policy to find the market of China-made goods inside the country."
Prof. Acharya also
said that massive investment in renewable energy and green technology,
including the new energy vehicles are at the core of Chinese development
strategy that will help it in reducing carbon emission in the long-run.
Jhalak Subedi, a
political analyst, said that China has a successful model for optimum resource
mobilisation which Nepal should learn. "Channelising resources to
high-potential areas would support in enhancing competitiveness and job
creation," he said.
According to him, Trans-Himalayan
Connectivity project should be implemented at the earliest if Nepal had to take
any benefit from the growth and progress of China. "However, we must keep
our house in order and have good strategy to strengthen the bilateral relations
with the northern neighbour," he maintained.
China offers good
lessons on green development and clean energy projects. "We need to create
Trans-Himalayan Clean Energy Corridor and replicate China's solar PV plus
agriculture model in Tarai," said Ganesh Poudel, a youth who studied in
China.
According to him,
joint initiatives such as establishing a South Asian Skills Certification
Centre, and introducing AR-based vocational training for herders and craftsman
should be launched.
China’s upcoming 15th Five-Year Plan
(2026–2030) represents a decisive phase in its long-term vision to achieve
socialist modernisation by 2035.
The Fourth Plenum of the 20th CPC Central
Committee has adopted the plan in October 2025. The plan builds on the momentum
of the previous plans, emphasising high-quality development, technological
self-reliance, and a comprehensive green transformation under the Beautiful
China initiative.
The plan envisions a new growth model led
by innovation, advanced manufacturing, and clean energy, while maintaining
stability and social welfare, read a note issued by the organiser. It promotes
the concept of 'new quality productive forces', reflecting China’s drive to
become a leader in frontier technologies such as AI, biotechnology,
semiconductors, aerospace, and renewable energy.
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