China's experience offers successful model for global poverty reduction

CHINA HAS MADE GREAT ACHIEVEMENTS in poverty reduction, especially in recent decades, according to the Asia Poverty Reduction Report recently released by the Boao Forum for Asia. This experience provides a "Chinese plan" for the global poverty reduction cause. China Daily writer Wang Yiqing comments:

China has reduced its massive impoverished population within just a few decades. It was the world's first developing country to achieve the poverty reduction Millennium Development Goal set in 2000, which was to reduce by half the population living in extreme poverty by 2015 from the 1990 level.

Li Xiaoyun, a professor at China Agricultural University and the lead writer of the Asia Poverty Reduction report, told the media that the impoverished population in Asia was reduced from 1.52 billion in 1990 to 263 million in 2015, with China accounting for more than half of that.