China to Set up US$232 Million Fund for Protecting Global Bi…

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BEIJING, October 13(TMTPOST) — China will donate RMB1.5 billion (US$232.5 million) to set up a biodiversity protection fund to assist developing countries in protecting animals and plants across the globe, President Xi Jinping has pledged at the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP15) held in Kunming, China's Yunnan province. President Xi also promise