China will sign debt relief
agreements with 33 African countries by the end of 2007 to honor
the pledges it made at the Sino-African Forum, the Ministry of
Commerce (MOC) said in Beijing on Monday.
The move came a day before President Hu Jintao sets off on an African tour which
will take him to Cameroon, Liberia, Sudan, Zambia, Namibia, South
Africa, Mozambique and the Seychelles.
The ministry did not reveal the total value of the
loans, which matured at the end of 2005, to be written off. The
nations concerned are heavily indebted countries or are among the
world's least developed nations, it said.
According to the ministry, China plans to double free
aid and interest-free loans to African countries to help with
social, cultural and public welfare projects over the next three
years.
Preferential loans worth US$3 billion will be provided
to help African countries develop infrastructure, purchase
technological equipment and establish production
enterprises.
A 50,000-square-meter international convention center
will be built for the African Union free of charge. The building is
expected to be completed at the end of 2010.
China will also strengthen
its cooperation with African countries in human resources,
agriculture, medical care, social development and education over
the next three years.
General or special hospitals with 100 to 150 beds will
be built for countries that have poor medical facilities and
anti-malarial medicines will be provided to 33
countries.
Three hundred young volunteers will be dispatched to
English-speaking countries like Ethiopia and Zimbabwe and
French-speaking countries over the next three years.
China also plans to help
African countries build a total of 100 primary schools before 2009,
each of which will be able to accommodate 300 pupils.
The country has invested in 800 aid projects in Africa
over the past 50 years, including 137 agricultural projects and 133
infrastructure projects, according to statistics from the
MOC.
People in 43 African countries have been treated by
Chinese medical teams made up of a total of 16,000 Chinese
personnel.
In the past three years alone, China has trained more
than 30,000 Africans.
"The aid was offered sincerely and selflessly to meet
the needs of African countries. There were no political strings
attached nor interference in internal affairs", said an official
with the MOC.
The MOC said China also encourages Chinese companies,
both private and state owned, to work in Africa on contracted
projects in industries such as house construction, petrochemicals,
electric power, transportation and telecommunications.
Last year, turnover of Chinese enterprises amounted to
US$9.5 billion in these projects, which helped raise local
employment, said the MOC.
Trade between China and Africa rose 40 percent to a
record US$55.5 billion in 2006.
China's exports to Africa
increased 43 percent to US$26.7 billion, while imports were up 37
percent to US$28.8 billion.
To expand imports from Africa, China has exempted 190
goods produced in 28 of the least developed African countries from
import tariffs.
China's direct investment in
49 African countries reached US$6.64 billion last year.
(Xinhua News Agency January 30, 2007)
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