China earmarks 1.46b yuan for relief for flood victims

BEIJING -- China on Friday earmarked 1.46 billion yuan (about $203.95 million) to provide relief to people severely affected by recent floods and ensure their basic livelihoods, according to the Ministry of Finance and the Ministry of Emergency Management.

The funds will be allocated to five provincial-level regions: Beijing, Tianjin, Hebei, Heilongjiang and Jilin.

Together with the funds already allocated, the central government has earmarked a total of 7.74 billion yuan for flood control and relief since the beginning of this year's flood season.