China Allocates 1 Billion Yuan for Flood Relief

The Chinese Ministry of Finance announced today, Saturday, that "the ministry, along with the Ministry of Emergency Management, will allocate a total of 1 billion yuan (137.36 million dollars) from central funds for natural disaster relief, focusing on supporting flood relief efforts." It stated in a statement: "The funds will be allocated to areas such as Beijing, Tianjin, Hebei, Heilongjiang, and Jilin, all of which have suffered significant damage recently due to floods."

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