KATHMANDU, June 17 (Xinhua) -- Nepali Prime Minister KP Sharma Oli said Friday that Nepal-China relations have been moving ahead on the basis of mutual respect and understanding.

Oli made the remarks here at the launch ceremony of a book entitled Sixty Years of Dynamic Partnership.

The book documents all major developments in Nepal-China relations since the two countries established diplomatic relations in 1955.

The Nepali prime minister said Nepal-China relations have always been cordial and trouble-free over the past 60 years.

Recalling his visit to China in March this year, Oli said his visit has lifted the bilateral relationship to a new height.

"Reaching our bilateral relationship to a new height means that the status of Nepal has also been enhanced in the international arena following this visit," he added.

Oli expressed confidence that the relations between Nepal and China will be further enhanced in the days to come.

Chinese Ambassador to Nepal Wu Chuntai said on the occasion that China-Nepal relations have always remained cordial and friendly based on the Five Principles of Peaceful Coexistence.

"We saw a new chapter in our dynamic partnership when Prime Minister Oli paid a successful and historic visit to China in March this year," the ambassador said.

President of Nepal-China Society, Prem Kumari Pant, said the book will help readers understand more about Nepal-China relations and help consolidate friendly ties between the two countries.

Hiranya Lal Shrestha, a former Nepali diplomat and author of the book, stressed the importance of enhancing connectivity between the two countries to further promote age-old cordial ties.