China to provide 60 bln RMB assistance to developing countries participating in B&R

BEIJING, May 14 (Xinhua) -- China will provide assistance worth 60 billion yuan (8.7 billion U.S. dollars) to developing countries and international organizations participating in the Belt and Road Initiative to launch more projects to improve people's well-being, President Xi Jinping said Sunday at the opening ceremony of the Belt and Road Forum for International Cooperation.