18.8 C
Sierra Leone
Thursday, February 2, 2023

China Lifting 40 Million People out of Poverty

HomeAYV NewsChina Lifting 40 Million People out of Poverty

China Lifting 40 Million People out of Poverty


Related stories

NDMA Engages Communities on Fire Prevention

AYV News February 1, 2023 The National Disaster Management Agency...

CTC Mining pays Le1.9B surface rent to Marampa, Mafokie chiefdoms

Guest Writer February 1, 2023 The Commodity Trading Company (CTC)...

Lands Ministry, TAF Global to Build 5,000 Homes in Sierra Leone

AYV News February 1, 2023 Sierra Leone’s Ministry of Lands, Housing...

In reality, like Sierra Leone, every country in Africa has its own problems. Sierra Leoneans, who have been described by some as resilient, should keep their dreams alive and fight to alleviate poverty.

Is that possible for a country with a population of over seven million and a weak economy? Of course it is, but it requires great desire and commitment from the central government.

China, the world’s most populous country, with a population of one billion three million (1.3bn) people, only has 40 million people that are still living in poverty, a situation that has urged the Chinese government to put some measures in place to lift them out of poverty in the next four years.

Recently, during the 3rd Forum on China-Africa Local Government Cooperation, Chinese Vice President Wang Qishan said 40 million Chinese are still living in poverty, noting that to reduce that figure the government has committed itself to be lifting at least 10 million people out of poverty every year.

Is it possible to lift 10 million people out of poverty within one year? Of course, with the Chinese nothing is impossible. The country has the second largest economy in the world and the Chinese are very patriotic and hardworking.

Already, as a way to alleviating poverty, the Chinese government has put plans underway to relocate Chinese citizens living in inhospitable environment.

Minister of the State Council Leading Group Office of Poverty Alleviation and Development, Liu Yongfu, at the 3rd Forum on China-Africa Local Government Cooperation, said China has carried massive poverty reduction campaign.

“Every year, the sum of one trillion RMB is being invested in country-side poverty reduction and 10 million people in inhospitable environment would soon be relocated. By 2020, China would be able to lift her citizens out of poverty as the Chinese government has increased development in poverty stricken communities,” said the Minister.

One trillion Chinese Yuan, popularly called RMB, is equivalent to over one hundred and fifty-seven billion United States Dollars (US$157, 065, 000,000).

Indeed, China has put lot of methods in place to alleviate poverty in rural China. One could notice that there has been some amount of poverty alleviation in once poverty-stricken rural communities in China by the implementation of key deliverables to get income.

Business News


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once