KATHMANDU::Nepal and China have agreed to use bilateral channels to settle the border dispute and sign a new boundary mechanisms. Both parties decided to activate the boundary mechanism first agreed upon in 1963 while signing the first boundary protocol during a virtual consultation meeting on border affairs conducted on Thursday, Nepal Ministry of Foreign Affairs said. The two sides decided to start the process of activating the current bilateral mechanism through mutual consultation, the ministry said in a statement, underscoring the significance of joint inspection of the Nepal-China boundary. \The 1963 Joint Boundary Protocol set up the Joint Inspection Team, Joint Expert Group, and Joint Inspection Committee as three distinct ways to address boundary disputes. The Nepal-China Boundary Protocol, which the two nations signed on January 20, 1963, included the measures. Between Nepal and China, three border conventions have already been signed: in 1963, 1979, and 1988. After considerable delay in 2011, some disagreement caused both sides to postpone the plan to sign the fourth protocol. Although the Chinese Embassy in Kathmandu and the Nepali government vehemently deny that there is a border dispute, the Nepali media occasionally reports border tension between China and Nepal in Humla, Gorkha, and other areas. The precise position of Pillar No. 57 is the main point of debate. The signature of the fourth protocol has been postponed since 2011 because of disagreements between the two parties over the height of Mount Everest and the precise location of Pillar No. 57. Chinas Jiangsu to expand renewable energy capacity China economy secures positive growth in Q2 despite downward pressure China has a reason to want Sri Lanka's debt restructured.