State Councilor & FM Wang Yi chaired the Coordinators’ Meeting on the Implementation of the Follow-up Actions of the 8th #FOCAC Ministerial Conference.
As Wang Yi stated, China is making every effort to deliver its commitments to Africa despite external difficulties.
$2bn+ of the $10bn trade finance promised by China arranged.
$70.6bn of goods imported from Africa in the past 7 months.
Exchange of letters with 12 African countries on 98% of products export with zero tariff.
Additional $2.17bn invested by Chinese enterprises in Africa.
☑️ China will waive 23 interest-free loans for 17 African countries that matured by the end of 2021.
☑️ China is prepared to rechannel its $10bn SDR in IMF to Africa.
☑️ China has decided to provide new food assistance to 17 African countries in need this year.
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Addressing the leaders' summit of #CBD#COP15 via video link, President Xi Jinping called on countries around the world to join hands and start a new journey of high-quality development of humanity.
President Xi stressed that the development of ecological civilization should be taken as a guide to achieving harmony between humanity and Nature, and countries should speed up efforts to foster green developmentand secure a win-win of economic growth & environmental protection.
President Xi announced China's initiative to establish the Kunming Biodiversity Fund and take the lead by investing 1.5 bn yuan (about USD 233mn) to the fund. It will be used to support biodiversity protection in developing countries. All parties are welcome to make contributions