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Learn how China has reduced extreme poverty from 88% to 0.7% since 1981, and how it defines and measures poverty differently from the World Bank. Explore the challenges and achievements of poverty reduction, inequality and development in China.
1 kwi 2022 · The report analyzes how China reduced extreme poverty by 800 million over 40 years, and what other countries can learn from its experience. It also examines the challenges and opportunities for China's future poverty alleviation and rural revitalization policies.
6 mar 2024 · In 1981, 97% of people in the Chinese countryside lived in extreme poverty. Even in cities, it was more than 70%. Since then, large economic growth has made it possible for hundreds of millions of people in China to leave extreme poverty behind, first in cities and then in the countryside.
24 paź 2024 · Although China eradicated extreme poverty in 2020, an estimated 17.0 percent of the population lived on less than $6.85 a day (in 2017 PPP terms), the World Bank’s Upper-Middle-Income Country (UMIC) poverty line, in 2021.
Poverty is defined by China as anyone in rural areas earning less than about $2.30 a day (adjusted for inflation). It was fixed in 2010 and looks at income but also living conditions,...
The World Bank projects China's economy to grow at 4.8 percent in 2024, despite a slowdown in the first half of the year due to the property sector downturn and weak consumption. Poverty reduction is expected to slow down as well, but remains above the World Bank's upper middle-income poverty line of US$6.85/day.
