CIDCA vice-chairman attends China-EU Development Cooperation Forum

Deng Boqing, vice-chairman of the China International Development Cooperation Agency (CIDCA), attended the opening ceremony of the China-EU International Development Cooperation Forum on Nov 15.

Deng said in his speech that China's foreign aid has a history of nearly 70 years, providing more than 400 billion yuan ($57 billion) of assistance to more than 160 countries and international organizations, and implementing more than 5,000 foreign aid projects.

China always treats others as equals, not using foreign aid to interfere in other countries’ internal affairs, not attaching any political conditions, and not imposing own will on others. China always adheres to the principle of righteousness and does not pursue economic returns in foreign aid projects. China always aims to improve independent development capabilities of other countries, by such methods as helping them build infrastructure, and training local talents. China always signs aid projects through friendly negotiations, and never does things which are beyond the development stage or do not meet the actual needs of other countries, to avoid leaving them in heavy debt pressure. China always insists on openness and transparency, and has twice published the White Paper on China's Foreign Aid, which fully introduced China's foreign aid policies, funds, methods, and international cooperation.

Deng said that China is open to tripartite cooperation with developed countries and international organizations in the field of international development. The South-South Cooperation Assistance Fund is an important policy tool for China to carry out tripartite cooperation in the field of international development. China is willing to work with the EU to strengthen exchanges and cooperation under the principle of "initiated by recipient countries, agreed by recipient countries, and led by recipient countries". In order to promote international development and cooperation, China will work together with other countries to achieve the 2030 Agenda for Sustainable Development.