Fight against poverty

The World Bank's new yardstick to measure global poverty does not change the fact that China has had the largest and fastest poverty reduction in history.

Yet, for the Chinese government, with an increasingly bigger national coffer, the revision of global poverty line can serve as a compelling call for upgraded efforts to help lift the poor.

As it adjusted the hitherto recognized benchmark for measuring global poverty, the World Bank pointed out last week that more people are living in extreme poverty in developing countries than previously thought.