China has brought 600 million of its people out of poverty in the last 40 years. They care plenty about their own people. These very same people can look forward to their children have a much better life than they’ve had. Capitalism with Chinese characteristics.
“Ensuring that poor people and poor areas will enter the moderately prosperous society together with the rest of the country is a solemn promise made by our Party,” President Xi Jinping was quoted as saying.
“To help the poor, we must know who they are,” the paper said.
“Through this registration system, for the first time in the history of poverty alleviation, China has identified every poor individual in every village,” the paper said.
“The root cause of poverty is inadequate development,” the paper said, adding that development is the most effective way to eradicate poverty.
Poverty is not predestined, nor is it unconquerable, the paper said. “China’s experience in poverty alleviation indicates that courage, vision, sense of responsibility, and the eagerness to take on challenges are the most essential.”
China has brought 600 million of its people out of poverty
What has China done to reduce poverty?
China has raised the amount of basic pension in rural areas and subsidies for basic medical insurance for poor seniors to further reduce poverty among the elderly in rural areas. The subsidy system for the poor population of advanced age and incapacitated seniors has been put in place, benefiting 36.89 million people.
Poverty is a chronic affliction of human society and a common challenge faced by the whole world. Poverty and its associated problems, including hunger, diseases, and social conflicts, are serious impediments to people’s pursuit of a better life, so the eradication of poverty has always been a wish to be fulfilled. The history of humankind is the history of relentless struggle against poverty.