These agreements were reached between the two governments and private sectors where Chinese investors will put money on developing hydroelectricity, water resources, cement factories and fruit cultivation and farming.
The signing ceremony took place at the Nepal Embassy here.
Additional memorandum of understandings will be signed on Thursday after delegation-level talks between Mr Oli and his Chinese counterpart Li Keqiang.
This is Mr Oli's first official visit to China after returning to power in February and second foreign trip after India.
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