China rolls out aid to help companies power, save rice crop


BEIJING — The Chinese government has unveiled tens of billions of dollars in economic support for its energy and agricultural industries, which are grappling with a record heat wave and drought that has reduced industrial output.

The State Council, which acts as China’s cabinet, approved 200 billion yuan ($29 billion) in new debt for the country’s power generators and another 20 billion yuan to fight drought and help the country’s rice harvest.


Wj

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