Home > News > China >

China's poverty relief fund tops 139 bln yuan in 2020
By:Xinhua
update:April 01,2020
BEIJING,April 1,2020 -- China's 2020 fund for poverty alleviation has added up to 139.6 billion yuan (about 19.7 billion U.S. dollars) after the central government dispensed 26.03 billion yuan to local governments recently, the Ministry of Finance (MOF) said Tuesday.
 
The fund will mainly be channeled to support areas in deep poverty, such as parts of Tibet Autonomous Region, Xinjiang Uygur Autonomous Region, and provinces of Sichuan, Qinghai, Gansu and Yunnan.
 
Meanwhile, the MOF will give more support to regions hard hit by the novel coronavirus outbreak, and areas with large amounts of residents relocated from poverty-stricken areas.
 
The ministry vowed to fast-track the fund allocations and closely monitor the use of the fund.
 
China aims to eradicate absolute poverty by 2020. As the deadline approaches, the country is focusing on the nation's poorest people, who mainly dwell in deep mountains with adverse natural environments and backward infrastructure, or have special needs.
  • Kindergartens galore come to Tibet
  • Xi extends festive greetings to children across China
  • View of Mount Qungmknag in Nyemo County of Lhasa, Tibet

E-mail:editor@tibetol.cn |About Us|Contact Us |Site Maps|
Address:3/F, C Tower, RECREO International Centre, 8 Wangjing East Road, Chaoyang District, Beijing 100102, PRC
Tel:13651236230
Copyright by China Intercontinental Communication Co., Ltd All Rights Reserved.