Official Development Assistance (ODA)
History of Official Development Assistance (ODA) to China
July 6, 2022
Official Development Assistance (ODA) to China began in 1979, and ended in March 2022. Total numbers are approximately 3.3165 trillion yen in loan aid (yen loans), 157.6 billion yen in grant aid, and 185.8 billion yen in technical cooperation. (As of FY 2020)
Grant aid is financial assistance that is extended to recipient countries without imposing an obligation of repayment.
Loan aid involves the provision of loans under relaxed conditions (low interest, long repayment period) to recipient countries. (These are in principle untied loans.)
Technical cooperation involves the technologies being provided to recipient countries to spread the use of technology among people in developing countries and improve technical levels.