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More funds to pull people out of poverty

By Chen Xin (China Daily)

08:40, October 18, 2012

A resident gives cash to a beggar in downtown Beijing on Wednesday. China promised more funds and favorable policies for poverty-stricken populations on Wednesday, which marked the International Day for the Eradication of Poverty. (China Daily/Zhu Xingxin)

The government has promised more funds and favorable policies for poverty-stricken populations after lifting around 250 million rural residents out of poverty over the past 30 years.

The country has also defined 11 regions, mainly the mountainous areas in the underdeveloped parts of China, as the key zones for poverty relief efforts.

"The Chinese government is pursuing a goal that is to sustain inclusive development and allow poor populations to enjoy equal opportunities to develop and better share the fruits of economic growth," said Vice-Premier Hui Liangyu when addressing a poverty reduction forum on Wednesday, which marked the International Day for the Eradication of Poverty.

The vice-premier said the Chinese government will allocate more funds and favorable policies to secure anti-poverty achievements and pull more people out of poverty.

About 12.7 percent of the rural population, or 122 million people, remain mired in poverty, earning less than 2,300 yuan ($370) annually, the poverty threshold set in 2011.

Fan Xiaojian, chief of the State Council's Poverty Alleviation Leading Group Office, who also attended the forum, said poverty reduction faces challenges.

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