While China remains a developing country with quite low per capita income, we stand ready to do everything in our capacity to contribute to the debt reduction of the HIPCs.
Not only has the Chinese government made  BIS Review 19/2003  3  loans and contributed to the IMF’s Poverty Reduction and Growth Facility and Enhanced Structural Adjustment Facility, it also has reduced debt for certain heavily indebted poor African countries on a bilateral basis by RMB10 billion.