China's central bank opens "green lane" for allocating funds to quake-hit Xizang

BEIJING, Jan. 7 (Xinhua) -- The People's Bank of China, China's central bank, has opened a "green lane" through which State treasury funds can be quickly allocated for disaster relief in the Xizang Autonomous Region following an earthquake there.

The central bank said that the sub-treasury in the city of Xigaze in Xizang has allocated 400 million yuan (about 55.6 million U.S. dollars) of disaster relief funds to