Beijing: During the past 30 years, according to CCTV, China had been helping more than 800 million people to escape poverty, which accounts for 70% of all people lifted out of poverty worldwide.
China became the world top economic power and is compatible of America in that regard. It has world biggest market.
Ban ki-moon, the eighth Secretary General of United Nations recognized China’s efforts. He said, “China has achieved transformational results in reducing poverty”.
Despite of those Global media outlets also applauded China’s achievement.
President Xi Jinping had set specific goals to reach the target: lifting 10 million people out of poverty per year between 2016 and 2020, and providing a social safety net for the remaining 20 million poor (who are unable to work).
At the global level more than 800 million people were still living in extreme poverty. The success of Chinese poverty alleviation served as a valuable experience for the worldwide.
It has been reported that poverty level last year was 1600 million people but it had been reduced to half. They worked hard to meet their goal.
President Xi Jinping had set specific goals to reach the target by lifting 10 million people out of poverty per year between 2016 and 2020.
However, the Agricultural Development Bank of China would lend 3 trillion RMB up to 2020 to develop rural areas, funding education, infrastructure, and crop production.
Reporter: Syeda Faiza Bukhari
