Home / Photo News Tools: Save | Print | E-mail | Most Read | Comment
Central gov't to slash spending for quake relief
Adjust font size:

The State Council on Wednesday ordered government departments to cut spending by 5 percent this year to free up money for quake reconstruction.

The money will help to finance a 70 billion yuan ($10 billion) fund for rebuilding after the May 12 quake, which killed tens of thousands, the Cabinet said on its website.

The death toll from the quake rose to 41,353 by noon on Wednesday, and 274,683 were injured, according to the Information Office of the State Council. The number of missing has been put at 32,666.

The overall impact of the quake on China's fast-growing economy is expected to be limited. Sichuan is a major source of coal, natural gas and some farm goods but has little industry.

The quake destroyed thousands of buildings, knocked out power and phone services and damaged factories, mines and other facilities. State-owned and private companies suffered 67 billion yuan ($9.5 billion) in quake losses, according to the government's preliminary estimates.

Yesterday's Cabinet statement gave no details of how much money the spending cuts were expected to raise. But the reported budget for the central government this year, including the military, is 1.3 trillion yuan ($187 billion) - and 5 percent of that would be 65 billion yuan ($9.3 billion).

Beijing will set a moratorium on new government building projects, Premier Wen Jiabao told a State Council meeting.

Wen said the quake "added uncertainties" to the economy but he said it was stable and its fundamentals were not affected, Xinhua reported.

Donations to quake-hit regions reached 16 billion yuan ($2.29 billion), of which 1.76 billion yuan ($250 million) has been forwarded to affected areas, according to the information office.

In addition, the Ministry of Finance announced on Wednesday that it has allocated another 660 million yuan ($94.83 million) in relief funds to quake-stricken areas.

Victims eat their dinners at the temporary rescue center of the quake-hit Hanwang Township of Mianzhu City, southwest China's Sichuan Province, May 17, 2008. Houses in Hanwang Township, one of the worst-hit regions, have been almost all destroyed by Monday's earthquake. About 1,000 quake victims of Hanwang have been resettled at the temporary rescue center properly.

Victims eat their dinners at the temporary rescue center of the quake-hit Hanwang Township of Mianzhu City, southwest China's Sichuan Province, May 17, 2008.

1   2    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Bank offers cut-price loans for earthquake reconstruction
- Bond issue delayed by earthquake
- US House to fully support China's earthquake relief efforts
- Woman rescued 196 hours after China's earthquake
- Children after the earthquake: we are fine
- Nation mourns earthquake dead
- President Hu pays silent tribute to earthquake victims
Most Viewed >>
- Moment quake struck captured in wedding photos
- Girl freed from ruins after legs amputated
- The fall of Liu Xiu
- Earthquake hits China
- Epidemic prevention in quake-hit Sichuan

Product Directory
China Search
Country Search
Hot Buys
主站蜘蛛池模板: 岛国精品在线观看| 国产精品蜜芽在线观看| 无码一区二区三区亚洲人妻 | 好痛太长太深弄死我了视频| 久久久久亚洲AV成人无码网站| 暖暖在线视频日本| 亚洲国产一区二区三区在线观看| 激情内射人妻1区2区3区| 免费看男阳茎进女阳道动态图| 美女视频黄频a免费| 国内精品区一区二区三| 一个看片免费视频www| 成人欧美在线视频| 亚洲a∨精品一区二区三区下载| 精品久久久久久亚洲综合网| 国产v亚洲v天堂无码| 韩国三级hd中文字幕好大| 国产日韩欧美高清| 一个人看的www免费高清中文字幕 一个人看的www在线免费视频 | 成人av鲁丝片一区二区免费| 久久久久久久久久国产精品免费| 日韩亚洲人成在线综合| 亚洲码一区二区三区| 老外粗猛长爽的视频| 国产中文字幕视频在线观看| 4480新热播影院| 国精品无码一区二区三区在线| bbbbwwbbbb搡bbbb| 女人双腿搬开让男人桶| 一区二区三区影院| 性xxxx黑人与亚洲| 三级波多野结衣护士三级| 日韩精品人妻系列无码av东京| 亚洲va久久久噜噜噜久久天堂 | 娇小bbb搡bbb搡bbb| 一级白嫩美女毛片免费| 成人免费一区二区三区| 三男三女换着曰| 尤物精品视频一区二区三区| 一级黄色在线看| 性按摩xxxx|