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Money to be Allocated for Grain Producing Areas

China will allocate 660 million US dollars to grain producing counties.

The Ministry of Finance will allocate 5.5 billion yuan or more than 660 million US dollars this year to some 800 grain producing counties.

Major grain producing areas suffering from low grain prices are incapable of developing infrastructure, such as education and public health facilities.

The government's financial assistance aims to alleviate the burden on these counties' expenditure and stabilize grain output.

(CRIENGLISH.com: 2005-02-03)



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