The assistance, in the form of grants, interest-free loans and concessional loans, went to 121 countries - 12 of them in Europe, the State Council, China's cabinet, said in a report.
The total amounts to 0.06 percent of China's combined GDP of 139 trillion yuan over the period, far below the 0.7 percent of GNP target proclaimed by the United Nations for developed nations.
The United States, which has an economy almost twice the size of China's, provided a total of $31.2 billion in economic assistance during fiscal year 2012 alone, according to figures on the website of the U.S. Agency for International Development.
The State Council did not specify which European countries received aid from China.
Of the others, 51 were in Africa, 30 in Asia, 19 in Latin America and the Caribbean and nine in Oceania, the report said. Regional organizations, including the African Union, also received aid, it added.
It emphasized that China does not tie any "political conditions" to its assistance or interfere in recipient nations' internal affairs.
By Ruchi Singh
reporter
Park Sae-jin
swatchsjp@ajunews.com
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