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[size=36]China allocates about 16 billion dollars for anti-Corona efforts[/size]
Economy | 12:48 - 05/03/2020
Follow-up - Mawazine News
Chinese Vice Minister of Finance Xu Hongcai said in a press briefing on Thursday that his country has allocated 110.48 billion yuan (15.93 billion dollars) to finance efforts related to the Corona virus as of March 4.
He added that China will ensure the smooth operation of local governments in light of the outbreak of the virus, and that the Ministry of Finance will secure the financial needs of Hubei, the epicenter of the outbreak.
China witnessed a rise in the number of new cases on Thursday, especially in Wuhan, the capital of Hubei province, where the virus is believed to first appear in a market late last year.
He added that China will ensure the smooth operation of local governments in light of the outbreak of the virus, and that the Ministry of Finance will secure the financial needs of Hubei, the epicenter of the outbreak.
China witnessed a rise in the number of new cases on Thursday, especially in Wuhan, the capital of Hubei province, where the virus is believed to first appear in a market late last year.
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