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The Chinese government has decided to provide 20 million yuan (3.3 million U.S. dollars) in humanitarian aid to Nepal following the massive earthquake, according to the Ministry of Commerce on Sunday.

China put forward its "Rise of central China" strategy in 2004 amid efforts to achieve more balanced development. China last year began creating an economic belt along the Yangtze to promote better coordination in industrial development and more efficient allocation of resources among provincial regions traversed by the Yangtze, China's longest river.

Galperovich, a 67-year-old man, has grown a strong attachment to China: he translated poems of Du Fu, a famous poet of China's Tang Dynasty, and the contemporary poet Ai Qing's works into Belarusian, and initiated Chinese language broadcasting program at the national radio station. His daughter has been working in China Radio International for five years.

Duncan Freeman, research fellow at the Brussels Institute of Contemporary China Studies, said the EU needs as much investment as China could offer, although China will not be able or willing to cover all the possible investment requirements.

The meeting decided to expand the pilot securitization of credit assets by 500 billion yuan (81.8 billion U.S. dollars).