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Alvaro Echeverria, vice president of the Asia Pacific Chamber of Commerce in Chile, said what counts is the Chinese government's and Xi's stance in favor of multilateralism and against protectionism, as well as the determination to use technologies and reforms to promote common development.

The government's policy has saved the company in a critical moment, said the official, adding that the reimbursement will be used for paychecks and social insurance for the employees.

To solve the boundary issue, the two countries should seek a solution that is fair, reasonable and acceptable to both sides, he said.

The fund already allocated totaled 1.39 billion yuan (about 198 million U.S. dollars), according to the ministry.

Xi called on the two sides to consolidate the political foundation of bilateral ties, and set the building of a community with a shared future as a long-term goal for the development of China-Nepal relations.