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China, Brazil Launch 20-bln-USD Fund to Support Production Capacity Cooperation

2015-06-28 08:54:21       source:Xinhua News Agency

June 27, 2015

"China and Brazil agreed Friday to set up a 20-billion-U.S.-dollar fund to back bilateral production capacity cooperation as they roll out more concrete programs to consolidate their partnership.

The agreement was one of the outcomes of the fourth meeting of the China-Brazil High-Level Coordination and Cooperation Committee (COSBAN), which was held here and co-chaired by visiting Chinese Vice Premier Wang Yang and Brazilian Vice President Michel Temer."

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