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China Offers 483 mln USD Worth of Aid Package for Nepal
   2015-06-25 20:36:09    CRIENGLISH.com      Web Editor: Qian Shanming

Chinese Foreign Minister Wang Yi (1st R) addresses the inaugural session of the International Conference on Nepal's Reconstruction in Kathmandu June 25, 2015. Chinese Foreign Minister Wang Yi says that China will offer 3 billion yuan (483 million U.S. dollars) in aid for Nepal's reconstruction after a massive earthquake jolted the Himalayan country on April 25. [Photo: Xinhua]

The Chinese government is pledging 3-billion yuan in assistance for Nepal's reconstruction.

The pledge of 3-billion yuan, or just under 500-million US dollars, has been made by Chinese Foreign Minister Wang Yi at an international donors conference on Nepal's reconstruction in Nepal's capital, Kathmandu.

In making the pledge, Wang Yi also says local governments in China will also be providing assistance in Nepal's reconstruction.

Representatives from more than 60 countries and international agencies have attended the event.

Nepalese authorities estimate they will needed around 7-billion US dollars to rebuild the country, which was rattled in late April and early May by a series of earthquakes which left around 87-hundred dead and billions of dollars in damage.


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