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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.

Rolf Dorig, chair of the board of directors of the Adecco Group, said as the economic relations between China and Europe are developing constantly and the global work changing rapidly, talent is now the currency of success, and is ever more valuable, but also ever more scarce.

The youth representatives from China and Russia, together with teachers of the center, read a declaration of permanent friendship, vowing to unite and coordinate with each other to safeguard world peace and development, join hands to carry forward the friendship between the two countries, and work for a more beautiful future of the world.

IATA has forecast China will surpass the United States as the world's largest civil aviation market by 2022.

BEIJING, Sept. 4 (Xinhua) -- A declaration and an action plan were adopted Tuesday at the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in the Great Hall of the People in Beijing.