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blank.gif (49 bytes)29/01/1999, updated at 16:00        blank.gif (49 bytes)weather.gif (982 bytes)archive.gif (946 bytes)search.gif (947 bytes)

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China to Further Foreign Aid Work Reform

����Reform will continue to be carried out in China's foreign aid work, according to Minister Shi Guangsheng of Foreign Trade and Economic Cooperation at a national conference on foreign economic and trade work underway in Beijing.

����Reform measures to be conducted include: 1, promoting loan on favorable terms and guaranteeing timely arrival of bank capital; 2, pushing Chinese enterprises to cooperate directly with counterparts in the aid-recipient countries; and 3, reform of foreign aid project bidding system to let more enterprises take part in bidding and foreign aid programs..

Economicnews 1999-01-29 Page2

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