China says payment of wages unaffected by COVID-19 outbreak
China's Vice Finance Minister Xu Hongcai on Thursday denied having difficulties paying wages amid the novel coronavirus outbreak in China.
Speaking at a press conference, Xu said the overall situation of local finance is generally stable and the funding for epidemic prevention and control has been adequately guaranteed.
As of March 4, funds to the tune of 110.48 billion yuan have been earmarked for epidemic prevention and control by the governments of all levels, of which 71.43 billion yuan has been used already.
The amount does not constitute a big proportion of the total fiscal revenue, he added.
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