Confronted with widening economic inequality in some countries and regions around the world, and the challenge of a raging pandemic, China managed to achieve the goal of the UN 2030 Agenda for Sustainable Development ahead of schedule for 10 years, said Chinese President Xi Jinping on Thursday in an address where he announced China's accomplishments in extreme poverty eradication.

"China's achievements and efforts in extreme poverty eradication have not only contributed to the global cause of poverty reduction, but also set a pioneering example for the international community," Xi said during his speech.

Since reform and opening-up, China has helped 770 million people out of poverty based on the current poverty standard. The number accounts for more than 70 percent of the world's total, according to the World Bank's poverty line.

Given the size of the Chinese population, no country can manage to do so in such a short period of time, Xi said.

Among all of the efforts, President Xi chaired over seven poverty alleviation seminars at the central level in the past eight years, conducted 50 field inspections, and gathered information from 14 different contiguous destitute areas.

Poverty is one of the biggest obstacles on the road of development. China's accomplishments to eradicate extreme poverty belong to its people and the world, he continued.

Xi said China has contributed to the international cooperation of poverty reduction and has shouldered the responsibility to tackle this common challenge facing humanity. China's poverty alleviation report, attributed to its people and the world, is a vivid annotation of China's commitment to achieve "a community of shared future for mankind."