China's finance ministry allocates 4.4 billion yuan towards coronavirus outbreak

China's finance ministry said on Tuesday it allocated 4.4 billion yuan (about 634 million U.S. dollars) for the prevention and control of the novel coronavirus.

500 million yuan (about 72 million U.S. dollars) will be allocated to Hubei Province.

Last week, China allocated a total of one billion yuan (about 144 million U.S. dollars) to support the province's battle against the deadly novel coronavirus.