China to offer $3b to developing countries for COVID-19 response

The Global Health Summit was a special event in Rome and organized by Italy, the G20 Presidency of 2021, and the European Commission. 

Xi said China has already supplied 300 million doses of COVID-19 vaccines to the world and will provide more, and China is fully implementing the G20 Debt Service Suspension Initiative for Poorest Countries and has so far put off debt repayments exceeding $1.3 billion, the highest deferral among G20 members.

China has provided $2 billion in assistance for the COVID-19 response and economic and social recovery in developing countries, and 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.

China supports its vaccine companies in transferring technologies to other developing countries and carrying out joint production with them. 

China will provide an additional $3 billion in international aid over the next three years to support COVID-19 response and economic and social recovery in other developing countries. 

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