China allocates US$16b for the needy ahead of Spring Festival
Passengers wait for trains at Shanghai Hongqiao Railway Station in Shanghai on Jan 3, 2021. (YIN LIQIN / CHINA NEWS SERVICE) BEIJING – China has allocated 104 billion yuan (about US$16 billion) from its central budget to fund basic living allowances for needy people ahead of the upcoming Spring Festival, an official said on Monday. […]