On March 3, 1925, Great Britain completed arrangements to use its share of the Boxer Indemnity to support railway construction in China. On April 12, France asked that its indemnity be used to reopen a defunct Sino-French Bank. Italy signed an agreement on October 1 to spend its share on the construction of steel bridges. The Netherlands' share paid for harbor and land reclamation. The Netherlands also used its indemnity for the establishment of the Sinological Institute at Leiden University. The Belgian funds were earmarked to be spent on railway material in Belgium. Finally, Japan's indemnity was transferred to develop aviation in China under Japanese oversight. Once these countries' approximately 40 percent of the Boxer Indemnity was added to Germany's and Austria's combined 20.91 percent, the United States' 7.32 percent, and the Soviet Union's 28.97 percent share, the Beijing government had accounted for over 98 percent of the entire Boxer Indemnity. Hence, by 1927, Beijing had almost completely revoked Boxer Indemnity payments abroad and had succeeded in redirecting the payments for use within China.