China earmarks ¥1.46bn relief for flood victims


China on Friday earmarked 1.46 billion yuan (about 203.95 million dollars) to provide relief for people severely affected by recent floods and ensure their basic livelihoods.

This is according to the Ministry of Finance and the Ministry of Emergency Management.

The ministry said the funds would be allocated to five provincial-level regions such as Beijing, Tianjin, Hebei, Heilongjiang and Jilin.

Together with the funds already allocated, the central government has earmarked a total of 7.74 billion yuan for flood control and relief since the beginning of this year’s flood season.


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