Xi unveils $3b global aid package

President Xi Jinping delivered a speech at an informal leaders' meeting of the Asia-Pacific Economic Cooperation via video link in Beijing on Friday. Here are some highlights:

- China has provided more than 500 million doses of COVID-19 vaccines to other developing countries

- China will provide another $3 billion in international aid over the next three years to support COVID-19 response and economic and social recovery in other developing countries (Read more)

- China supports IP rights waiver on COVID-19 vaccines

- China has financed the founding of a Sub-Fund on APEC Cooperation on Combating COVID-19 and Economic Recovery

- It is important to promote the liberalization and facilitation of trade and investment