China joins coronavirus vaccine alliance COVAX, with four candidates in late-stage human trials
China had initially declined to join the alliance, missing the global deadline to join in September.
The country signed an agreement with GAVI, the co-leader of the alliance, on Thursday, China's Foreign Ministry said in a statement. Initially, China did not agree to join the alliance, missing the global deadline to join in September.
Foreign Ministry spokeswoman Hua Chunying said in a statement that we are taking this concrete step to ensure equitable distribution of vaccines, especially to developing countries, and hope more capable countries will also join and support COVAX.
It is not yet clear the exact terms of the agreement and how China will contribute. The country's leader Xi Jinping previously said that China would make the vaccine a global public good.
The alliance is designed so that richer countries agree to buy into potential vaccines and help finance access for poorer ones. The Trump administration in the US had declined to join the alliance.
'Should've been an acknowledgement of loss': Opposition reacts to Modi's address on 100 crore COVID-19 jabs
The prime minister addressed the nation at 10 am on Friday, saying that the country's vaccine drive was 'science-driven' and treated all people equally
It took the country 281 days to administer 100 crore COVID-19 jabs, placing India at the second place in the total number of vaccinated people
COVID Task Force chief VK Paul, also a Niti Aayog member, said this is an unusual feat and has been achieved in the short period of just nine months of the programme