February 9, 2020 / 11:55 AM / 2 months ago

China allocates $10.26 billion to fight coronavirus

Medical workers in protective suits attend to novel coronavirus patients at the intensive care unit (ICU) of a designated hospital in Wuhan, Hubei province, China February 6, 2020. Picture taken February 6, 2020. China Daily via REUTERS

BEIJING (Reuters) - China’s finance ministry said on Sunday all levels of government had allocated a total of 71.85 billion yuan ($10.26 billion) as of Saturday afternoon to fight coronavirus.

The ministry will deploy the funds to ensure that members of public can afford diagnosis and treatment, it said in a statement on its website.

The funds will also be used to ensure that efforts of every region to fight the virus are not hampered by financial constraints, it added.

($1 = 7.0003 Chinese yuan renminbi)

Reporting by Judy Hua and David Stanway; Editing by Mark Potter

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