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World Insights: China’s poverty alleviation success offers hope for countries facing common challenges

Abstract : China's success in reducing poverty within its borders in recent decades can stand out as an example for other countries that seek to alleviate poverty, analysts have said.

ROME, March 3 (Xinhua) — China’s success in reducing poverty within
its borders in recent decades can stand out as an example for other
countries that seek to alleviate poverty, analysts have said.

China’s fast-growing economy has lifted nearly 100 million rural
residents above poverty line over the last eight years, reaching the
United Nations (UN) poverty eradication target for 2030 nearly ten years
ahead of schedule, according to a recent report released by New China
Research, the think tank of Xinhua News Agency.

The achievement has won praise from around the world. Qu Dongyu,
director-general of the Rome-based United Nations Food and Agriculture
Organization (FAO), offered his “warmest congratulations to the
government and people of China” for reaching the UN anti-poverty goal.

Qu, also a former Chinese vice minister, said he looks forward to
seeing China and FAO work together to realize “our dream of a
hunger-free world.”

Since the founding of the People’s Republic of China in 1949, more
than 800 million people have been lifted out of poverty. The achievement
greatly impressed Matteo Marchisio, a China-based country director and
representative for the Rome-based International Fund for Agricultural
Development (IFAD).

“That is twice the population of Europe,” he said. “The majority of
the world’s overall progress in eradicating poverty over the last 40
years has taken place in China.”

According to Renzo Cavalieri, a professor of East Asian law at
Ca’Foscari University in Venice, China’s success in battling poverty
offers hope for other countries aiming to defeat poverty.

He noted that China’s strategies were tailored very specifically to
different situations in different regions of the country and at various
phases. “Each country has to figure out its own strategies fitted to
that country’s situation,” he stressed.

Marchisio said that every country’s battle against poverty is
affected by “hundreds of complex factors,” yet there were two common
challenges facing all nations with high levels of poverty, namely a lack
of resources and a lack of opportunities.

Resources include natural resources, arable land, clean water, and
capital, while opportunities refer to access to education,
infrastructure, healthcare and markets, he added.

“The experience that China has taught us is that by accumulating
resources and (creating) opportunities, a country can make a start to
reduce poverty,” he said. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: World Insights: China’s poverty alleviation success offers hope for countries facing common challenges

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