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New agency to guide nation's foreign aid

By Zhang Yunbi | China Daily | Updated: 2018-03-14 07:37

China will set up an international development cooperation agency, according to the plan on reforming institutions of the State Council unveiled on Tuesday.

The agency will take over the foreign assistance duties of the ministries of commerce and foreign affairs, State Councilor Wang Yong said as he delivered the reform plan at a plenary meeting of the 13th National People's Congress.

The agency will be directly under the State Council.

New agency to guide nation's foreign aid

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