Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Related News
China to give aidto ASEAN countries
Source: Xinhua |
April 13, 2009, Monday
|
Print Edition
Print Edition
FOREIGN Minister Yang Jiechi yesterday unveiled a multi-billion-dollar package of aid and credit to enhance cooperation between China and the Association of Southeast Asian Nations.
Yang met envoys of the 10 ASEAN countries in Beijing.
China plans to establish a China-ASEAN investment cooperation fund totaling US$10 billion, designed for cooperation on infrastructure construction, energy and resources, information and communications, Yang said.
And over the next three to five years, China is to offer US$15 billion credit to ASEAN countries, including loans of US$1.7 billion for cooperative projects.
China also plans to offer 270 million yuan (US$39.7 million) in aid to Cambodia, Laos and Myanmar to meet urgent needs, inject US$5 million into the China-ASEAN Cooperation Fund, and donate US$900,000 to the cooperation fund of the ASEAN plus China, Japan and the Republic of Korea.
China would provide 300,000 tons of rice for the emergency East Asia rice reserve to strengthen food security in the region.
It was also to offer an extra 2,000 government scholarships and 200 master's scholarships for public administration students from developing member countries over the next five years.
"The overall thought for China-ASEAN cooperation is that the two sides should rise to difficulties in face of the grim global financial crisis, and make efforts to convert unprecedented challenge into opportunity for closer pragmatic cooperation and common development," Yang said.
The ASEAN countries are Thailand, Malaysia, the Philippines, Singapore, Laos, Myanmar, Cambodia, Brunei, Vietnam and Indonesia.
Yang met envoys of the 10 ASEAN countries in Beijing.
China plans to establish a China-ASEAN investment cooperation fund totaling US$10 billion, designed for cooperation on infrastructure construction, energy and resources, information and communications, Yang said.
And over the next three to five years, China is to offer US$15 billion credit to ASEAN countries, including loans of US$1.7 billion for cooperative projects.
China also plans to offer 270 million yuan (US$39.7 million) in aid to Cambodia, Laos and Myanmar to meet urgent needs, inject US$5 million into the China-ASEAN Cooperation Fund, and donate US$900,000 to the cooperation fund of the ASEAN plus China, Japan and the Republic of Korea.
China would provide 300,000 tons of rice for the emergency East Asia rice reserve to strengthen food security in the region.
It was also to offer an extra 2,000 government scholarships and 200 master's scholarships for public administration students from developing member countries over the next five years.
"The overall thought for China-ASEAN cooperation is that the two sides should rise to difficulties in face of the grim global financial crisis, and make efforts to convert unprecedented challenge into opportunity for closer pragmatic cooperation and common development," Yang said.
The ASEAN countries are Thailand, Malaysia, the Philippines, Singapore, Laos, Myanmar, Cambodia, Brunei, Vietnam and Indonesia.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
