China honors financing pledge to Africa: Xi

BEIJING, Sept. 3 — China has honored its 2015 promise to provide Africa with funding support totaling 60 billion U.S. dollars, Chinese President Xi Jinping said Monday at the opening ceremony of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC).
The financing has been either delivered or arranged, Xi said.
China decided to provide the funding support at the FOCAC Johannesburg summit to ensure the successful implementation of ten China-Africa cooperation plans adopted at the summit.
Since the Johannesburg summit, China has fully implemented the ten cooperation plans, with a large number of railway, highway, airport, port and other infrastructure projects as well as a number of economic and trade cooperation zones built or under construction, Xi said.
China-Africa cooperation on peace and security, science, education, culture, health, poverty reduction, people’s welfare, and people-to-people exchanges has deepened, Xi said.
The ten cooperation plans have brought huge benefits to the people of Africa and China. They have fully demonstrated the creativity, rallying power and efficiency of China and Africa, and lifted China-Africa comprehensive strategic and cooperative partnership to new heights, Xi said.

Xinhua