Kathmandu, Aug 25: Chinese President Hu Jintao has assured Nepal’s Prime Minister Prachanda of more development assistance and investment in Nepal.

According to Nepalnews, Hu said this during a meeting with Prachanda in Beijing on Sunday.

Chinese President also suggested Prachanda to take peace process and development together.

Earlier, Prachanda met his Chinese premier Wen Jiabao and discussed the bilateral relations.

During the meeting, Jiabao said that China respected the social system and way of development Nepal had chosen according to its situation.

China was also in favour of political stability and economic development in Nepal through joint efforts of all political parties and under the leadership of Prachanda.

Jiabao stressed on strengthening the Nepal-China relations established since centuries, noting that China would work with Nepal to further the reciprocal cooperation in various fields that would benefit the two peoples.

In response, Prachanda said the friendship between China and Nepal had endured the test of time.

“The Nepali government and people are striving for national stability and economic development, and hoped to get support and cooperation from China," Prachanda added.

During his visit, Prachanda is scheduled to meet other senior leaders of the Chinese communist party. He will also visit Mao''s birthplace, the Great Wall and the white pagoda temple built by Nepali architect Araniko. (ANI)