Poverty alleviation to help unleash potential of domestic consumption

ADDRESSING THE GLOBAL POVERTY REDUCTION AND DEVELOPMENT FORUM held in Beijing on Friday to mark the 23rd International Day for the Eradication of Poverty the following day, President Xi Jinping drew on his own experiences, saying poverty alleviation has always been an important part of his work in different posts over the past 40 years. Comments:

China has doubtlessly made many achievements in reducing poverty, as its poverty-stricken population in rural regions has fallen from 73.5 percent in 1990 to 4.2 percent of the entire population in 2014. Yet the challenge is pressing because there are over 70 million people whose incomes are under the international poverty line. Worse, there is a marginal effect in poverty eradication, according to which the very last part of job is the most difficult to finish. The leadership needs more effective measures to help the 70 million people who have been left behind.

ifeng.com, Oct 17