Xin revealed these developmental projects at a public lecture held at Africa University on Tuesday (October 12) last week.
The lecture focused on China-Zimbabwe relations, Chinas economic development, an overview of China-Africa relations and China-Africa co-operation.
Xin told the high profiled delegation, which attended the lecture that China will soon implement a billion dollar project to resuscitate the countrys ailing sectors.
We are looking at about US$1 Billion budget at this multi-sectored project, which will be implemented in the next three years.
This will cater for several major projects, which include the construction of schools, hospitals, mini hydro power stations, thermal solar power and drilling of boreholes and provide 10 million RBM/ Yuan for purchase of medical equipment of drugs.
He said for Zimbabwe to achieve a sustainable economic growth, it has to maintain political stability, come up with a solid economic administration, financial and investor friendly monetary legislations.
Ambassador Xin said Zimbabwe, just like China has to develop economically in order to catch up with other developing nations.
Zimbabwe adopted a look east policy at the turn of the millennium after falling out from several western states, which were reluctant to give aid to the former government marred with corruption, mismanagement and lack of transparency.
Post published in: News