Want China Times, Xinhua and Staff Writer, 2015-05-20
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| Li Keqiang speaks at the State Council in Beijing, May 12. (File photo/Xinhua) |
Premier Li
Keqiang announced in Brazil on Tuesday that Beijing is to establish a US$30
billion special fund for promoting China-Latin America cooperation in
production capacity and equipment manufacturing.
The fund
will be channeled directly to cooperation projects, Li said at the closing
ceremony of a China-Brazil business summit.
The premier
is now on a four-nation Latin America tour, a main objective of which is to
expand production capacity cooperation.
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