{"id":647,"date":"2011-08-18T10:42:41","date_gmt":"2011-08-18T10:42:41","guid":{"rendered":"https:\/\/new.igihe.com\/china-to-inject-us15-7m-to-boost-rwanda-s-economy\/"},"modified":"2011-08-18T10:42:23","modified_gmt":"2011-08-18T10:42:23","slug":"china-to-inject-us15-7m-to-boost-rwanda-s-economy","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/china-to-inject-us15-7m-to-boost-rwanda-s-economy\/","title":{"rendered":"China to inject US15.7M to Boost Rwanda\u2019s Economy"},"content":{"rendered":"<p>{{China\u2019s Deputy Minister of commerce  Gao Hucheng has said that his government  will support  Rwanda with US$15.7 million in grants and loans  to encourage economic development and trade.}}<\/p>\n<figure class=\"spip-document spip-document-361 aligncenter\"><img decoding=\"async\" src=\"https:\/\/en-images.igihe.com\/jpg\/fm_chin.jpg\" alt=\"Chinas Deputy Commerce Minister Gao Hucheng and Rwandas Foreign Minister Louise Mushikiwabo meet at MINAFET\" \/><\/figure>\n<p>He clarified that half of the amount will be in form of  grant while the remaining half will be  five-year interest-free loan.<\/p>\n<p>Hucheng acknowledged Rwanda\u2019s development progress adding that his country will continue offering its support. He further emphasized  that trade between the two countries doubled to US$76.4 million in the first half from a year earlier.<\/p>\n<p>\u201cChina also plans to build a government administrative building, a 25-kilometer road in Kigali and provide medical devices and pharmaceuticals to Rwanda, as well as providing support for exports to China,\u201d he assured the minister.<\/p>\n<p>\u201cOn top of the 60 percent tariff-free treatment China already has granted to Rwandan exports to China, we will continue to help you to publicize and promote your products to the Chinese market,\u201d  Hucheng concluded.<\/p>\n<p> The minister of foreign affairs Louise Mushikiwabo  hailed  the country\u2019s cooperation with China adding that Rwanda was still improving its business environment  which would favor investors, especially those  from china.<\/p>\n<p>She asked Hucheng to encourage more investors from his country to set their business in Rwanda. \u201cEven though there\u2019s a rise in Chinese investments, it\u2019s still low and on behalf of the investment authority we request you to encourage  more investments here,\u201d the minister stressed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{{China\u2019s Deputy Minister of commerce Gao Hucheng has said that his government will support Rwanda with US$15.7 million in grants and loans to encourage economic development and trade.}} He clarified that half of the amount will be in form of grant while the remaining half will be five-year interest-free loan. Hucheng acknowledged Rwanda\u2019s development progress [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"byline":[158],"hashtag":[],"class_list":["post-647","post","type-post","status-publish","format-standard","hentry","category-news","byline-b_igi_adm1n"],"bylines":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"contributors":[{"id":158,"name":"b_igi_adm1n","slug":"b_igi_adm1n","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":1}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=647"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/647\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=647"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=647"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}