China lifts 740 mn rural poor out of poverty since 1978: Official data

| | Beijing
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China lifts 740 mn rural poor out of poverty since 1978: Official data

Tuesday, 04 September 2018 | PTI | Beijing

China has lifted 740 million people in rural  areas out of poverty from 1978 to 2017, roughly 19 million each year,  an official data stated on Monday.

The poverty ratio in rural areas dropped 94.4 percentage points  during the same time period with an average annual decrease of 2.4  percentage points, the State-run National Bureau of Statistics (NBS)  said.    

As per the data, China’s poverty relief achievements have  contributed more than 70 per cent to global poverty alleviation work  in the past 40 years.The average annual income of rural residents  in impoverished areas rose an average of 10.4 per cent each year from 2012 to 2017, up 2.5 percentage points from the average for rural residents, the state-run Xinhua reported quoting the NBS data.

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