China allocates 16 billion dollars for anti-corona virus efforts


Chinese Vice Minister of Finance Xu Hongcai said in a press briefing 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 saw a rise in the number of new cases today, 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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