Off the wire
• FIFA chief calls Israel to "help" Palestinian football players  • Zambia gov't orders foreign chain stores to halt food imports  • Spanish treasury places 3.458 bln euros on market with negative interest rates  • Kenya confirms 65 deaths from cholera outbreak  • (Sports) Pakistan announces cricket team for T20 series against Zimbabwe  • Feature: Child death, a concern in Kenya  • LME base metals declines on Tuesday  • FTSE 100 up 0.38 pct on Tuesday  • Spanish stock market rises 1.35 pct, closes at 11,497 points  • European Investment Bank to fund Madagascar's infrastructures  
You are here: 　 Home

1st LD: China to launch 30-bln-USD special fund for China-LatAm production capacity cooperation: premier

Xinhua, May 20, 2015 Adjust font size:

Chinese Premier Li Keqiang announced here Tuesday that Beijing is to establish a 30-billion-U.S.-dollar special fund for promoting China-Latin America cooperation in production capacity and equipment manufacturing.

The fund will be channeled directly to cooperation projects with no political strings attached, Li said at the closing ceremony of a China-Brazil business summit.

The Chinese premier is now on a four-nation Latin America tour, a main objective of which is to expand production capacity cooperation and realize common development. Endi