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Poverty Eradication in China, Benefit for the World

Source: Science and Technology Daily| 2020-05-27 14:36:25| Author: Hu Dingkun & Lu Zijian

To China, 2020 is definitely a year to remember. A moderately prosperous society in all respects is to be built with major progress toward a decisive victory;the Chinese nation reaches the milestone for conquering poverty as extreme poverty is to be eradicated completely. The achievement is also quite meaningful to the whole world.

“There is no other country that can help so many people out of poverty in such a short time.” In the fight against poverty worldwide, China stands out with the greatest achievements. In 2000, 189 countries signed the United Nations Millennium Declaration. To halve the number of people under extreme poverty by 2015 is the first of the “Eight Millennium Goals”, and China is the first developing country to make it happen. On September 15th, 2015, the United Nations adopted the 2030 Agenda for Sustainable Development, and eradicating extreme poverty is once again on top of the list. Bringing more than ten million people out of poverty each year, China is to achieve the goal ten years in advance.

Secretary-General António Guterres noted, China has offered a satisfactory answer to the world in terms of eliminating poverty. Jim Yong Kim, former president of World Bank, thought that China’s achievement in erasing poverty is one of the greatest events that happened in human history.

“We have accumulated a lot of valuable experience in the process of fighting against poverty.” Apart from bringing benefit to its own people, China’s fight against poverty also proposes a “China Plan” to the world. In 2019, the poverty alleviation fund to locals reaches 126.095 billion RMB. 2.78 million officials have been sent to poor villages in recent years. All actions above show China’s determination to eliminate poverty.

Guterres once said, China’s experience can offer beneficial insights to other developing countries. Ronnie Lins, director of the China-Brazil Center for Research and Business, pointed out that China’s poverty reduction is with goals, plans and deeds, which deserves to be learned by all developing countries.

“Chinese people not only wish that they could live a good life, but also for people from other countries.” As a country with great responsibility, China has been contributing to the global poverty eradication by offering help to more than 120 countries for the achievement of the Millennium Development Goals. Since 2016, the Ministry of Commerce of China has been conducting a yearly “Seminar on Poverty Reduction for Officials”, providing insights regarding poverty alleviation to officials from developing countries. In May 2019, the Belt and Road Initiative Poverty Reduction International Cooperation Forum was hosted in China, further strengthening the cooperation between China and countries and regions along the silk road in poverty alleviation communication. In June 2019, the World Bank issued a report, stating that 40 million people could get rid of poverty if what the Belt and Road Initiative proposes is to be fully implemented.

We have good reason to believe that with extreme poverty being eradicated, China will engage in global poverty reduction with more experience, more confidence and more strength. The world will thus be benefited more widely, more deeply and more effectively.


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