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December 12, 2011

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US$27b To Help Poorer Countries Develop

CHINA has offered more than 170 billion yuan (US$27 billion) to aid the development of poorer countries in the past decade, and exempted their debts valued at nearly 30 billion yuan, President Hu Jintao said yesterday.

To help the economies of the least developed, China promised zero tariffs on 97 percent of categories of their exports to China, and provided training programs for over 60,000 people from 173 developing countries.



 

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