The Fight Against Poverty in China – Situation, Challenges and Prospects Cover Image

The Fight Against Poverty in China – Situation, Challenges and Prospects
The Fight Against Poverty in China – Situation, Challenges and Prospects

Author(s): Teodora Peneva
Subject(s): Politics / Political Sciences, Politics, History, Political history, Economic policy, Developing nations
Published by: Великотърновски университет „Св. св. Кирил и Методий”
Keywords: poverty; government policy; China

Summary/Abstract: In 2021, China eradicated extreme poverty (US$ 1.90 per person per day) and set a new poverty target line of $ 2.15 per day per person, adopted in the medium term, and $ 6.8 in the long term. This corresponds the World Bank’ change in statistics from September 2022, which imposed a line of $ 2.15 for all countries in the world. After the adoption of a new poverty target line, China began to work with new groups outside the rural areas, which also includes the migrant working poor in small towns and on the outskirts of large cities. Poverty-tackling tools are also beginning to evolve from chronic poverty to a more diverse toolkit that covers a wider range of risks. This article includes an analysis of policies, challenges and prospects in the fight against poverty in China.

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