China allocates 1b yuan to disaster relief efforts
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BEIJING -- China has allocated disaster relief funds totaling 1.015 billion yuan (about $142 million) to multiple provincial-level regions, the Ministry of Finance (MOF) said on Tuesday.
The funds were allocated by the MOF, the Ministry of Agriculture and Rural Affairs, and the Ministry of Water Resources.
Funds were channeled in multiple forms to support flood relief efforts in regions such as Beijing, Hebei, Inner Mongolia and Guangdong, including subsidies for crop replanting and the repair of agricultural facilities.
Funds were also used to aid drought relief efforts in Shandong, Henan, Hubei and other regions through the provision of subsidies targeting fertilization, seedling preservation, irrigation and well drilling.
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