International Forum on Poverty Reduction: Beijing shares poverty alleviation efforts with international community
Updated 19:59, 04-Nov-2018
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Tackling poverty is a global goal, one that other countries can learn from China. Beijing is co-hosting a two-day international forum on poverty alleviation with the World Bank, with the theme of building a community with a shared future for mankind. Chinese President Xi Jinping and UN Secretary General Antonio Guterres also sent their congratulatory letters in its opening on Thursday. Xi said that through forty years of efforts, China has set a historical record in worldwide poverty alleviation by helping 700 million of its people escape absolute poverty. He also said China would like to join hands with other countries to realize the UN's goal for worldwide poverty alleviation set in the 2030 Agenda for Sustainable Development. CGTN's Wang Mengzhen has more from the forum.
On track to reach a major goal, China has lifted more than 70 million people out of poverty in the last four decades. And it aims to eradicate the country's poverty by 2020, a miracle many other countries hope to emulate. Leaders of global organizations share what can be learned from China.
JIM YONG KIM, PRESIDENT WORLD BANK GROUP "First is China's reform and opening-up program, which is the foundation. And second, a focus of sustained and targeted poverty reduction throughout the reform period."
ACHIM STEINER, UNDER-SECRETARY-GENERAL UNITED NATIONS "It's China's leadership on designing a developing process that in many ways built into its own strategy that the international community just agreed on in 2015 that development should leave no one behind. This is one of the powerful commitments, yet in China over 40 years, this is the driving principles."
But on the other hand, China is also reaching out through multiple poverty-alleviation projects overseas. China Development Bank, a major policy bank, says it has now invested some 80 billion yuan or 11 billion US dollars into projects of its kind in countries along the Belt and Road.
LIU YONG, CHIEF ECONOMIST CHINA DEVELOPMENT BANK "For example, to support poverty alleviation in Indonesia, we've helped improve the local palm trees. And in Malawi, we're involved in developing its cotton industry via equity Investment and it will be mutually beneficial when the high-quality cotton is imported to countries like China."
UZBEKISTAN launched its latest round of reforms last year with more than 10% of its population still struggling with poverty. It is also seeking international cooperation in this field.
WANG MENGZHEN BEIJING China still has three years to lift the remaining 30 million rural people out of poverty. But the message from the forum is clear: the confidence of the Chinese government and the international community is strong. WMZ, CGTN, Beijing.