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China to earmark over half of foreign aid for Africa: Premier Li

Xinhua, May 9, 2014 Adjust font size:

China will earmark more than half of its foreign aid for Africa and attach no preconditions, visiting Chinese Premier Li Keqiang said here Thursday.

"China will, as always, continue to increase its assistance to Africa in both quantity and quality to the extent of its ability, ensuring that more than half of its foreign aid will go to Africa," Li told a World Economic Forum on Africa in the Nigerian capital.

China will never use its aid to interfere in the internal affairs of African countries, he said, adding that Beijing will help Africa develop the networks of high-speed railways, expressways and regional airports.

Li also assured the audience that China continues to enjoy solid foundation for sustained economic growth despite recent slowdown.

China will give more attention to the quality and efficiency of growth and make growth more inclusive and sustainable, the premier said.

"We have the confidence and capability to meet the expected growth target of around 7.5 percent for this year," he said.

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