How China’s poverty eradication work contributes to the world (Part One)

Since the reform and opening-up, over 770 million of China’s rural population living below the poverty line have been raised out of poverty, accounting for over 70 percent of the global total over the same period by the World Bank’s international poverty standard, a white paper on poverty alleviation reads.

The white paper was released by China’s State Council Information Office.

After the founding of People’s Republic of China, the country benefited from the support of the international community.

By cooperating with the United Nations and the World Bank, the country has accepted assistance from some developed countries and carried out cooperation projects in financial input, knowledge transfer, and technical assistance while it learned from the advanced concepts and methods.

Those efforts have improved China’s institutional innovation and management and laid a foundation for sustainable development in certain areas.

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