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Nearly One Million People in Central China Shed Poverty
Henan Province, the most populous region in central China, has helped 950,000 people out of poverty in impoverished rural areas last year.
The main reason is the intensified financial support to reduce poverty from the government as a result of the implementation of a national program designed to basically eliminate poverty by the year, according to sources from the provincial government.
Sources also said that more than 1.7 billion yuan (US$200 million) has been injected into the poor areas in such forms as subsidies and funds to reduce and alleviate poverty and facilitate development during the past five years.
Preferential fiscal policies were also adopted to support the 34 poverty-stricken counties in Henan, including allocation of special poverty-reduction and development funds and fiscal subsidies tax breaks, and exemption of some taxes.
Governments at all levels have also focused on upgrading the infrastructure in poor areas as so to make full use of the fiscal funds for reducing poverty.
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