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PRAGUE, March 29 (Xinhua) -- Visiting Chinese President Xi Jinping and the Senate leader of the Czech Republic met on Tuesday to discuss bilateral ties and legislative cooperation.

The Chinese president arrived in Washington from Prague after his state visit to the Czech Republic, the first by a Chinese head of state in 67 years since the two countries established diplomatic ties.

Fixed asset investment as a whole rose 10.7 percent in Q1, while that from private investors grew by only 5.7 percent, down 7.9 percentage points from the same period last year. Investment from public sources rose 23.3 percent and accounted for one third of the total. Compare this with the past decade when private investment rose consistently, usually by two to three percentage points more than the average.

For his part, Wickremesinghe said Sri Lanka, faced with the task of economic and social development, is willing to learn from China's experience and develop greater synergies between its own strategies and China's Belt and Road Initiative, jointly building the 21st-Century Maritime Silk Road proposed by China.

Purchased services are deductible under the VAT scheme, which encourages firms to outsource more services rather than adopt a do-it-all business model, according to a report by China International Capital Corp. Ltd., an investment bank.