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He outlined China's stances on a slew of hotspot issues.
Years ago, it was impossible for Wang to get a loan due to his bad credit.
First, China will launch an industrial promotion initiative. We have decided to open a China-Africa economic and trade expo in China; we encourage Chinese companies to increase investment in Africa, and will build and upgrade a number of economic and trade cooperation zones in Africa. We will support Africa in achieving general food security by 2030, work with Africa to formulate and implement a program of action to promote China-Africa cooperation on agricultural modernization. We will implement 50 agricultural assistance programs, provide RMB 1 billion of emergency humanitarian food assistance to African countries affected by natural disasters, send 500 senior agriculture experts to Africa, and train young researchers in agri-science and entrepreneurs in agri-business. We will support Chinese companies in Africa to forge alliance of corporate social responsibilities. We will continue to strengthen cooperation with African countries in local currency settlement and make good use of the China-Africa Development Fund, the China-Africa Fund for Industrial Cooperation and the Special Loan for the Development of African SMEs.
"Short videos that my colleagues and I made concerning China's reform and opening-up have been widely shared. It is unexpected," said Pan Xiaoli with the China Institute at Fudan University. "This shows that there is a need to understand China more."
"The debt issues of some countries are not necessarily connected with the Belt and Road construction and relevant projects, as those countries have been heavily borrowing from other countries and international financial organizations and thus are highly indebted," said he.