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China Daily / 2023-11 / 01 / Page005

BRI assistance projects helping in poverty fight

By Zhou Jin | China Daily | Updated: 2023-11-01 00:00

Development cooperation and foreign aid 'mutually beneficial', official says

China has arranged over 2,000 assistance projects in more than 120 Belt and Road Initiative participating countries over the past decade, said a senior Chinese official on Tuesday, who vowed to continue developing BRI cooperation.

Luo Zhaohui, head of the China International Development Cooperation Agency, told a news briefing that Beijing has set up more than 80 economic and trade cooperation zones, mobilized nearly $1 trillion in investment, offered training to more than 100,000 people in various fields and helped lift 40 million people out of poverty.

He said the project and funding libraries of the Global Development Initiative have been running smoothly, and more than 200 small-yet-smart projects have been implemented.

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