e-magazine
Heading for Stable Growth
Improved economic structure and greater benefits for the people usher in a new direction for China's economy
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Opinion
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Sci-Tech
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
The Latest Headlines
The Latest Headlines
UPDATED: July 25, 2015
China to Provide $10 million for Nepal's Reconstruction
Share

In a bid to help quake-stricken country in its reconstruction process, China agreed to provide cash assistance of $10 million to Nepal under the Post-Disaster Reconstruction Aid Project Plan on July 23.

Following a joint bilateral meeting on Post Disaster Reconstruction Plan held at Nepal's Finance Ministry in Singhadurbar on July 23, Nepal and China signed a Memorandum of Understanding (MoU) to this effect.

The MoU was signed by Zhang Xiangchen, vice negotiation representative for international trade of China's Ministry of Commerce, and Nepalese Finance Secretary Suman Prasad Sharma.

"China wants to see the quick recovery of economic development of Nepal. We are pleased to assist this friendly country in its rebuilding task," Zhang told media after the signing ceremony.

The bilateral meeting reviewed China's emergency relief assistance to Nepal in the immediate aftermath of the devastating quake.

"We are thankful to China for its continuous assistance in the socio-economic development of Nepal. The cash grant will be used in rehabilitation process after identifying and finalizing the projects," Suman Prasad Sharma told the media.

(Xinhua News Agency July 23, 2015)

 



 
Top Story
-National Memories: Sino-U.S. Cooperation During WWII
-Imperfect but Useful
-Necessary Negotiations
-A Resolution or a Mirage?
-Metamorphosis in Moscow
Most Popular
在线翻译
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved