Special report: Strong Earthquake Jolts SW China
BEIJING, May 13 (Xinhua) -- The People's Bank of China (PBOC) called on its local branches on Tuesday to closely cooperate with the country's finance and civil affairs departments to guarantee timely allocation of disaster relief funds for the earthquake-hit areas.
A 7.8-magnitude earthquake rocked Wenchuan County,
159 kilometers northwest of the Sichuan provincial capital city of Chengdu, at
2:28 p.m. Monday.
The death toll caused by the earthquake climbed to
9,219 by Tuesday morning in eight affected provinces and municipality of
Sichuan, Gansu, Shaanxi, Yunnan, Shanxi, Guizhou, Hubei and Chongqing.
The PBOC convened an urgent work meeting Monday after
the earthquake and vowed to collaborate with the local governments in the relief
efforts and start emergency response plan to handle the daily business of its
local branches, said the central bank in a statement.
"The local branches of the PBOC should assist the
governments in providing adequate funds for the earthquake relief and other
needed financial services," said the central bank.
The central bank also urged its local branches to
ensure enough cash supply in earthquake-stricken areas, adding that it would
cooperate with public security and transportation agencies to make the money
escort safe.
The quake was the worst to strike China since the
Tangshan earthquake in north China's Hebei Province in 1976, which claimed
242,000 lives.