As world leaders convene at the G20 Summit to tackle pressing issues like global poverty, hunger, and inequality, China’s remarkable achievements in poverty reduction are taking center stage. Over the past four decades, China has lifted nearly 800 million people out of extreme poverty, contributing approximately 75 percent of global poverty reduction since 1978.
“By any measure, the speed and scale of China’s poverty reduction is historically unprecedented,” notes the report Four Decades of Poverty Reduction in China, published jointly by China’s State Council and the World Bank. This significant progress underscores China’s commitment to improving the livelihoods of its population.
One of the most striking indicators of this success is the substantial increase in rural disposable income in previously impoverished counties. In 2013, the average rural disposable income stood at 6,079 yuan. By 2023, this figure had risen to 16,396 yuan (approximately $2,316). This steady growth not only reflects the effectiveness of China’s poverty alleviation efforts but also signals lasting positive impacts on rural communities.
China’s multifaceted approach to poverty reduction involves targeted policies that address education, healthcare, infrastructure, and economic development. By focusing on rural areas and disadvantaged groups, these initiatives have helped bridge the urban-rural divide and promote inclusive growth.
The international community is closely observing China’s strategies, hoping to glean insights that could be applied to other regions facing similar challenges. As discussions at the G20 Summit continue, China’s experience serves as a powerful example of how dedicated efforts and comprehensive policies can significantly reduce poverty on a massive scale.
With sustained commitment and international cooperation, the lessons learned from China’s journey could inspire global initiatives aimed at eradicating poverty and fostering equitable development worldwide.
Reference(s):
cgtn.com
