Myanmar will start accepting Renminbi as an official settlement currency next year for trade with China, it said on Wednesday, as it looks to restart several joint projects and forge closer economic ties with Beijing, Reuters reported.

Myanmar's junta said in a statement it enjoyed a special "kinship" with China, which has supported it financially and with COVID-19 vaccines.

The statement issued by the ministries of information and investment also identified infrastructure projects with China that it said were a "major priority" for its economic revival, including plans for railways and ports.