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Impact of cooperation felt in 'the daily lives' of people

By Wu Jiao in Caracas and Zhang Yunbi in Beijing | China Daily | Updated: 2014-07-22 07:33

China and Venezuela are celebrating 40 years of diplomatic ties and have signed more than 500 cooperation agreements over the past few years.

The financing mechanisms between the two countries amount to more than $50 billion.

The mechanisms, which include the China-Venezuela Fund, have provided financial support for some 256 projects, according to the Xinhua News Agency.

Impact of cooperation felt in 'the daily lives' of people

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