Colombo, May 21 (newsin.asia): China will provide an additional 3 billion US dollars in international aid over the next three years to support COVID-19 response and economic and social recovery in other developing countries, President Xi Jinping told the World Health Summit from Beijing on Friday, according to a release by the Chinese embassy here.
“We have provided 2 billion US dollars in assistance for the COVID-19 response and economic and social recovery in developing countries hit by the pandemic. We have sent medical supplies to more than 150 countries and 13 international organizations, providing more than 280 billion masks, 3.4 billion protective suits and 4 billion testing kits to the world, ” Xi said .
“Having already supplied 300 million doses of vaccines to the world, China will provide still more vaccines to the best of its ability,” President Xi said.
China supports its vaccine companies in transferring technologies to other developing countries and carrying out joint production with them . Having announced support for waiving intellectual property rights on COVID-19 vaccines, China also supports the World Trade Organization and other international institutions in making an early decision on this matter, Xi said.
China proposes to set up an international forum on vaccine cooperation for vaccine-developing and producing countries, companies and other stakeholders to explore ways of promoting fair and equitable distribution of vaccines around the world.
Notwithstanding the limited production capacity and enormous demand at home, China has honored its commitment by providing free vaccines to more than 80 developing countries in urgent need and exporting vaccines to 43 countries, Xi said.
‘A cooperation mechanism has been established for Chinese hospitals to pair up with 41 African hospitals, and construction for the China-assisted project of the Africa CDC headquarters officially started at the end of last year. Important progress has also been made in the China-UN joint project to set up in China a global humanitarian response depot and hub.
“China is fully implementing the G20 Debt Service Suspension Initiative for Poorest Countries and has so far put off debt repayment exceeding 1.3 billion US dollars, the highest deferral amount among G20 members,” Xi said.