China, together with the UAE and Qatar will establish an investment Fund of $20 billion


Moscow. January 22. China will establish a Fund total investment amount $20 billion together with the UAE and Qatar, said the President of China XI Jinping.

Besides, as informs Agency Xinhua, China plans to provide $300 million to promote Sino-Arab cooperation in the field of law enforcement.

Also the PRC will provide Arab countries 10 thousand educational scholarships and 10 thousand places for vocational training, said XI Jinping, speaking at the headquarters of the Arab League in Cairo.

He makes the first tour across the Middle East as Chairman of the PRC. Previously, XI Jinping visited Saudi Arabia, after Egypt will go to Iran.