The financing difficulties are partially due to the previous Western sanctions, he said.
On relations with Beijing, U Thein Sein said the countries share a border of more than 2,000 km and since ancient times have embraced in paukphaw (fraternal) friendship.
"Myanmar received support and assistance from China when it faced sanctions from Western countries in the past two decades. China also supported Myanmar in regional and international affairs. The Myanmar government and people are grateful."
In 2011, Beijing and Nay Pyi Taw agreed to enter into a partnership of comprehensive and strategic cooperation. U Thein Sein said he discussed plans implementing that partnership with Xi on Friday.
Non-govermental exchanges between the two nations have prospered, from border trade fairs to education, healthcare and culture, he said.
He added that the two governments will establish a friendship association to boost people-to-people exchanges.
"There are many people of Chinese descent living in Myanmar. There are no differences between us, we are one family."
HK girl reported symptom of fever
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