China spends more subsidizing the poor
Updated: 2013-02-12 16:20
(Xinhua)
|
|||||||||||
BEIJING -- China's central government is spending more on helping low-income people, rural residents with poor living conditions as well as vagrants and beggars, the Ministry of Finance has said.
Altogether, 87.5 billion yuan ($14 billion) was earmarked from the central coffers as subsistence allowances for the needy in cities and the countryside in 2012, up 16.8 percent year-on-year, according to MOF data.
Around 44.6 billion yuan was allocated to help 5.6 million rural families renovate their dilapidated houses last year, the expense 163.7 percent higher than that in 2011.
The central government also spent 2 billion yuan in aiding vagrants and beggars, doubling the amount of 2011.
Meanwhile, 11.6 billion yuan was granted as relief funds for 75 million people affected by natural disasters and 2.4 billion yuan was used to support more than 600,000 orphans, according to the MOF.
Related Stories
China allocates 20k hectares for low-income housing 2012-08-08 09:33
China aims to increase 12m low-income housing 2012-03-05 10:43
Shandong Weigao dips after poor profit 2012-11-20 10:15
Rural poverty relief may be poorly directed 2012-05-25 15:53
Today's Top News
Police continue manhunt for 2nd bombing suspect
H7N9 flu transmission studied
8% growth predicted for Q2
Nuke reactor gets foreign contract
First couple on Time's list of most influential
'Green' awareness levels drop in Beijing
Palace Museum spruces up
Trading channels 'need to broaden'
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Liaoning: China's oceangoing giant |
Poultry industry under pressure |
'Spring' in the air for NGOs? |
Boy set to drive Chinese golf |
Latest technology gets people talking |
Firms crave cyber connection |