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Over US$10b to be allocated for quake region reconstruction
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Chinese Premier Wen Jiabao announced in Beijing on Wednesday the central government will allocate 70 billion yuan (10.14 billion U.S. dollars) this year for the establishment of a reconstruction fund for the quake-hit regions.

He also pledged to arrange funds for the reconstruction in next two years.

(Xinhua News Agency May 21, 2008)

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