Xing Zhaohong, Deputy Director of the Department of Natural Resources and Ecological Environment of the Ministry of Finance: In 2026, the central government will set aside 20 billion yuan for natural disaster relief. Since the flood began, the central financial administration has initiated a total of 8 rapid funding mechanisms, disbursing a total of 1.19 billion yuan in funds to the disaster area. At the same time, the central government allocated a budget of 14.5 billion yuan through agricultural production, disaster prevention, mitigation and water relief funds, funds for key projects in the transportation sector, and investments within the central budget. In terms of material security, the Ministry of Finance strongly supports reserves of emergency rescue and disaster relief materials such as life assistance, flood control and drought relief, forest and grassland fire prevention and extinguishing. As of mid-July, the value of materials in stock reached 3.418 billion yuan. Since this year, relevant departments have urgently distributed 538,400 pieces of emergency supplies worth 145 million yuan to the disaster area. Currently, during the “seven down to eight” flood control critical period, the Ministry of Finance will strengthen communication and coordination with departments such as emergency response, water conservancy, agriculture, transportation, etc., to ensure local safety.

Xing Zhaohong, Deputy Director of the Department of Natural Resources and Ecological Environment of the Ministry of Finance: In 2026, the central government will set aside 20 billion yuan for natural disaster relief. Since the flood began, the central financial administration has initiated a total of 8 rapid funding mechanisms, disbursing a total of 1.19 billion yuan in funds to the disaster area. At the same time, the central government allocated a budget of 14.5 billion yuan through agricultural production, disaster prevention, mitigation and water relief funds, funds for key projects in the transportation sector, and investments within the central budget. In terms of material security, the Ministry of Finance strongly supports reserves of emergency rescue and disaster relief materials such as life assistance, flood control and drought relief, forest and grassland fire prevention and extinguishing. As of mid-July, the value of materials in stock reached 3.418 billion yuan. Since this year, relevant departments have urgently distributed 538,400 pieces of emergency supplies worth 145 million yuan to the disaster area. Currently, during the “seven down to eight” flood control critical period, the Ministry of Finance will strengthen communication and coordination with departments such as emergency response, water conservancy, agriculture, transportation, etc., to ensure local safety.