CHINA’S POVERTY ALLEVIATION

China has achieved a complete victory in its fight against poverty. In December 2020, President Xi Jinping announced that all remaining rural poor population had moved out of poverty under the current standard.

That means 98.99 million impoverished rural residents shed absolute poverty in just eight years.

Up until the late 1970s, more than 770 million people were living below the poverty line, according to World Bank data.

UN Secretary General Antonio Guterres hailed China’s transformation as “the greatest anti-poverty achievement in history.” “Every time I visit China, I am stunned by the speed of change and progress,”