China distributes money to 87 mn poor
February 4th, 2012 - 12:37 am ICT by IANSBeijing, Feb 3 (IANS) China has distributed 20.7 billion yuan (about $3.3 billion) to over 87 million needy people across the country as part of a welfare program, the government said Friday.
The money was distributed Jan 21, two days before the Chinese Lunar New Year, Xinhua reported quoting an official statement. Urban residents covered by the minimum living standard program received 300 yuan (about $47) each, while rural residents received 200 yuan each.
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Tags: beijing, china, chinese lunar new year, jan 21, lunar new year, money, new year, urban residents, welfare program, xinhua, yuan