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Communist Party of China CPC>>News
08:42, December 24, 2010

Full Text: China-Africa Economic and Trade Cooperation (11)
Appendix II

The New Eight-Point Plan China Pledged at the Fourth FOCAC Ministerial Conference

1. China proposed the establishment of a China-Africa partnership in addressing climate change and the holding of senior official consultations on a non-regular basis to strengthen cooperation in satellite weather monitoring, development and use of new energy, prevention and control of desertification, and urban environmental protection. The Chinese government has decided to assist African countries with 100 clean energy projects in the fields of solar energy, biogas and small hydro-power stations.

2. To intensify cooperation in science and technology, China pro-posed to launch the China-Africa Science and Technology Partnership Plan, carry out 100 joint research and demonstration projects, invite 100 African post-doctoral students to conduct scientific research in China and subsidize them when they return to their home countries to work.

3. In order to raise African countries' capacity in financing, the Chinese government will provide US$10 billion in preferential loans to African countries. China supports the establishment by Chinese financial institutions of a special loan of US$1 billion for the development of small and medium enterprises (SMEs) in Africa. The Chinese government will cancel debts of interest-free government loans that will mature by the end of 2009 owed by all HIPCs and the LDCs in Africa having diplomatic relations with China.
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【11】 【12】

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