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China Allocates 20 Million Yuan for Chongqing Flood and Geological Disaster Recovery on May 24

GateNews

2026-05-24 07:38:32

According to China's National Development and Reform Commission, the nation allocated 20 million yuan from the central budget to support Chongqing's emergency recovery efforts following severe flooding and geological disasters on May 24. The country's National Disaster Prevention and Mitigation Committee activated a Level 4 national emergency response. The funds will support reconstruction of damaged roads, bridges, schools, and hospitals in affected areas, with the goal of restoring normal production and living order.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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