Nepal, April 29 -- China on Sunday announced exempting visa fees for Nepali travellers starting May 1 and launching of commercial flights to Nepal's two new international airports, which are marred by geopolitics, under Beijing's renewed economic diplomacy for Nepal.

India, on the other hand, said it would make Nepal prosperous through hydro energy trade.

Speaking at the third Nepal Investment Summit in Nepal's capital Kathmandu, Luo Zhaohui, the chairman of China International Development Cooperation Agency (CIDCA), said the Chinese government will continue to attach great importance to direct and indirect investment in Nepal to implement the Trans-Himalaya dimensional connectivity, which is the highest priority for countries.

"Air an...