China promised to provide more than 3 billion U.S. dollars to the development an

Reuters, Budapest, November 27 - Chinese Premier Li Keqiang said on Monday that China will provide more than 3 billion U.S. dollars to the development and investment projects in Central and Eastern European countries.

At a sixth summit meeting between China and Central and Eastern European countries, Li Keqiang said that CDB will provide 2 billion euros of funds (2.39 billion U.S. dollars).

He also translated that the second phase of China-Central and Eastern European countries investment cooperation fund has started with capital of 1 billion U.S. dollars, most of which will be used in Central and Eastern European countries.