The figure was released Thursday on the website of the CPC Central Commission for Discipline Inspection (CCDI).
The financial aid will cover evacuation of affected locals, provide living assistance to them, rebuild damaged houses and compensate families of those killed by the floods, according to the ministry.
The event, which was hosted by the China Society for Human Rights Studies, had as its theme Diversity of Civilization and Human Rights Protection.
The fair's theme this year is New Agriculture, New Countryside, New Farmers.
The film details the difficulties stemming from cultural clashes between Chinese management and technicians and US workers at the company, providing a window on the impact of globalization in the workplace.
The event, which took place in late October in Los Angeles, provided a platform on which government officials and representatives of business communities from the US and China expressed a desire for mutual cooperation, despite the ongoing trade frictions between the world's two largest economies.
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The fee reductions are expected to save users a total of about 740 million yuan, it said.
The exhibition was hosted by the Beijing Municipal Culture and Tourism Bureau and aimed to show the capital’s efforts in supporting the poverty alleviation work in 10 provinces and autonomous regions over the years, including Xinjiang Uygur, Tibet and Inner Mongolia autonomous regions, Hebei and Henan provinces. The exhibition will last till December 1.
The experts also said that China, which is developing intelligent cars, should use the advantages that vehicle-road coordination can offer.
The financial hub scored highest in the ranking's four key criteria of policies on foreign professionals, government affairs, working environment and living environment.