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BEIJING -- China will give 350 million yuan (US$52.4 million) in subsidies to poor people in central and western China affected by rising prices, the Ministry of Finance (MOF) said Wednesday.
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The move aims to reduce economic pressures on needy people.
The subsidy will last until March 2011.
The government has adopted various measures since mid-November to boost agricultural production to combat the effects of inflation.
China's consumer price index (CPI) rose 4.4 percent in the 12 months through October, a 25-month high.