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(From Business Daily Update)
Headline: Xi'an earmarks US$72.3m to protect ancient buildings
Authorities in Xi'an, capital of Northwest China's Shaanxi Province, have pledged financial aid to rescue the Town God's Temple, a group of buildings with a history of 560 years in the city's Lianhu District.
The local government has earmarked 600 million yuan (US$72.3 million) to preserve the temple and develop properties in the vicinity in the same architectural style.
In ancient Chinese society, a temple was built to worship the god of each town, to whom people prayed for the residents' safety and happiness. Such temples were …