BEIJING, March 9 (Xinhua) -- China's efforts and success in poverty reduction can help other developing nations, said experts observing the country's ongoing Two Sessions.

The Two Sessions refer to the annual gatherings of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference, China's top legislature and political advisory body respectively.

China has emerged as a global role model with efforts in structural transformation and industrial upgrading, lifting hundreds of millions of people out of poverty, said retired Lieutenant Colonel Muhammad Faruk Khan, a presidium member of Bangladesh's ruling Awami League.

In the government work report delivered at the opening of the annual NPC session on Tuesday, Premier Li Keqiang pledged that China will reduce its rural poor population by over 10 million this year.

Official figures show that over the past 40 years, China has lifted more than 700 million rural residents out of poverty, and the poverty rate, proportion of people living below the Chinese poverty line, had fallen among rural population from 97.5 percent in 1978 to 3.1 percent at the end of 2017.

China's reform and opening-up drive has transformed its economy and helped maintain its financial stability, said Khan, adding that China's experience "will immensely help Bangladesh in its efforts to eliminate poverty."

Dr. Shamsul Haq Arianfar, a former Afghan government official, also hailed China's commitment to poverty reduction, as well as its pledge to create more than 11 million new urban jobs and pursue sustainable development.

"No doubt, all the decisions taken at the 13th National People's Congress would be implemented by Chinese government and its people," he said, adding that he believes China will continue to make strides in reducing the rate of poverty.

In his eyes, the world's second largest economy has achieved inclusive growth thanks to "fairness of capital distribution, comprehensive policies of the government and the hard work of people."

Meanwhile, through its pursuit of sustainable economic development China has also contributed to the world economy, added Arianfar.

"In my opinion China's strong economy has bolstered the economy of the world," he said.