China pledges $20bn credit for Africa at summit
19 July 2012 Last updated at 21:59 BST
China has pledged $20bn (£12.8bn) in credit for Africa over the next three years, in a push for closer ties and increased trade.
President Hu Jintao made the announcement at a summit in Beijing attended by leaders from 50 African nations.
He said the loans would support infrastructure, agriculture and the development of small businesses.
John Sudworth reports from Shanghai