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.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button