Financial News
CGTN: What are the secrets to China’s poverty alleviation success?
Beijing, China / TimesNewswire / March 20, 2023 – In today’s world, the poverty population is on the rise and the gap between the rich and the poor is widening. While China won the campaign against absolute poverty, achieving the UN 2030 Agenda for Sustainable Development. Many people want to understand the secrets of China’s success. Li Xin, deputy director-general of the International Poverty Reduction Center in China shares her observations.
https://www.youtube.com/watch?v=mM_ykmoA_R4
Since China initiated the campaign against extreme poverty in 2012, the standards for identification and withdrawal of the poor include annual per capita net income steadily exceeding the current national poverty alleviation standard and achieving stability without worrying about food, clothing, compulsory education, basic medical care and safe housing, plus safe drinking water. Li Xin observes that it is a comprehensive multi-dimensional criterion, including not only an income line but also the realization of the right to survive and to develop, which is higher than the absolute poverty line set by the UN.
Li Xin points out that at present, the income level of people in some areas is still relatively low, and natural disasters, diseases and accidents may push people back into poverty. A dynamic monitoring and support mechanism was set up. Rural households at risk of returning to poverty are carefully monitored, while social assistance and health care services are provided once needed. Li Xin shares the story of a 70-year-old farmer in China’s central Shanxi Province, whose only house was severely damaged in a strong flood. The elderly man’s family was included in the dynamic monitoring system to prevent a return to poverty. In around 40 days, he and his wife moved to a new house built by the government.
Can China’s experience of poverty alleviation be copied elsewhere? In ASEAN countries, pilot projects have proven to be successful. China helps locals carry out agricultural activities, establish poverty alleviation workshops, and train their work skills. Li Xin says, with these programs, people’s ability and motivation to get out of poverty have become stronger. Despite many successful practices, she also notes that each country has distinctive national conditions, to which all policies must adapt accordingly.
China will consolidate the achievements in poverty alleviation and help areas and people that have just shaken off poverty build their own momentum for growth, steadily moving toward common prosperity, one of the key features of Chinese modernization.
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