China Grants 100 Million RMB for Economic Development in Palestine

¥100M RMB

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Palestine
Country	West Bank and Gaza Strip
Start Date	Jan 01, 2018
End Date	Feb 04, 2026
Duration	2,956 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`64963`

Grant Description

On July 10, 2018, Chinese President Xi Jinping announced that China would grant 100 million RMB to Palestine.

China's grant will be used for projects that will produce good employment opportunities and support economic development.

The 100 million yuan pledge to Palestinians was made as part of a plan to give Arab states more than $23 billion in lines of credit, loans and humanitarian assistance for economic development.

📚 Sources & References

China pledges $15 million to Palestinians amid major push for Mideast influence
China to offer aid to Palestinians, seeks greater role in the Middle East
China's Xi pledges $20 billion in loans to revive Middle East
驻巴勒斯坦办事处主任郭伟同联合国近东巴勒斯坦难民救济和工程处签署捐赠协议
Statement by Ambassador Ma Zhaoxu at Security Council Open Debate on the Situation in the Middle East Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.