China leader pledges $2bn to aid poor nations
The
“Six 100s” initiative, declared at a South-South cooperation roundtable
President Jinping hosted, covers poverty reduction, agriculture, trade,
environment, health and education.
China, he said in
an address, will make available to developing countries in the next five
years 100 poverty reduction programmes, 100 agricultural cooperation
projects, 100 trade promotion programmes, 100 environment protection and
climate change programmes, 100 hospitals and clinics, as well as 100
schools and vocational training centres.
Also during
the period, Beijing will provide 120,000 opportunities and 150,000
scholarships for citizens of developing countries to receive training
and education in China, and help nurture 500,000 professional
technicians for the developing world, President Xi added.
China,
said the president, will also set up an Academy of South-South
Cooperation and Development, and provide $2 million of aid in cash for
the World Health Organisation.
STEPPING UP INVESTMENT
The Chinese leader said that his country would step up investment in the least developed countries — which are mostly in Africa — by at least $12 billion by 2030.
The Chinese leader said that his country would step up investment in the least developed countries — which are mostly in Africa — by at least $12 billion by 2030.
China has been an increasingly active
investor around the world, although it has generally focused on seeking
resources rather than broader humanitarian goals.
Mr
Xi said that China would also relieve debts owed by least developed
countries this year. He did not provide a figure on the debts or say
which countries would be affected.
Mr Xi is in New York
for his appearance at the UN headquarters after concluding his first
state visit to the United States. Earlier Saturday, he addressed the
United Nations Sustainable Development Summit and called for an
equitable, open, all-round and innovation-driven development path.
For
effective implementation of the post-2015 development agenda, Mr Xi
made a four-point proposal: building up development capacities;
improving the international development environment; updating
development partnerships, and strengthening development coordination
mechanisms.
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