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The WFP on Friday said that many of the refugees are living in dire conditions and any cuts to the assistance they currently receive would be "devastating".
The leaders of the two countries adopted the “China-South Africa 5-10 Year Framework on Cooperation” during Zuma’s visit.
Putin said on Thursday, some governments are attempting “to create a new iron curtain around Russia”.
China has criticized Australia’s refusal to donate to the UN Green Fund saying it is an obligation of developed countries.
Putin said the West’s age-old “policy of containment” against Russia also includes supporting terrorism on its soil.
President Xi Jinping welcomed his South African counterpart Jacob Zuma as the Chinese people’s “old and good friend”.
The announcement comes days ahead of President Vladimir Putin’s visit to the country.
Putin has offered amnesty for offshore money coming back to Russia.
In her second term, Brazilian President Dilma Rousseff has vowed to adopt more business-friendly policies.