China allocates $10B for coronavirus fight

Ministry says it will deploy funds to ensure the public can afford treatment

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.

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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.

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($1 = 7.0003 Chinese yuan renminbi) (Reporting by Judy Hua and David Stanway; Editing by Mark Potter)

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