PTI: Sixteen agreements have been signed during the current visit of Chinese leader Wu Bangguo to Colombo, mostly focusing on infrastructure development in Sri Lanka including $760 million aid to help the island nation to become "Asia's miracle".         

The agreements signed yesterday ranged from visa exemption and marine development to economic and technology cooperation with expanded investment and increase imports from Sri Lanka, official media in Beijing reported.         

Wu, a second ranking Communist Party leader after President Hu Jintao is the highest Chinese official to visit Colombo after the end of ethnic war between Sri Lankan army and LTTE.         

Prior to his visit, the Chinese Defence Minister Liang Guanglie visited Colombo while on his way to New Delhi this month.