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Nonetheless, more Chinese private companies started investing in countries and regions along the Belt and Road last year, which fuelled export growth.
Considering that the Philippine government was making efforts in the disaster relief work, and in line with the suggestion by the Philippine side, China agreed to postpone a visit of Chinese State Councilor and Foreign Minister Wang Yi to the Philippines, which was originally scheduled on Sept. 16-17, said Geng.
A blockchain institutional innovation center will also be launched by RSC in collaboration with Renmin University.
To make sure that these eight initiatives are implemented on the ground, China will extend US billion of financing to Africa in the form of government assistance as well as investment and financing by financial institutions and companies. This will include US billion of grants, interest-free loans and concessional loans, US billion of credit lines, the setting up of a US billion special fund for development financing and a US billion special fund for financing imports from Africa. We encourage Chinese companies to make at least US billion of investment in Africa in the next three years. In addition, for those of Africa's least developed countries, heavily indebted and poor countries, landlocked developing countries and small island developing countries that have diplomatic relations with China, the debt they have incurred in the form of interest-free Chinese government loans due to mature by the end of 2018 will be exempted.
As a key member in Northeast Asia, China has presented a responsible and constructive image of a major country to the rest of the world by consistently participating in regional cooperation, promoting communication and dialogue among nations in the region, and creating a harmonious and friendly environment, Wang said.
来源：资阳报