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Share of population in extreme poverty over time. In China, poverty mainly refers to rural poverty.Decades of economic development has reduced urban extreme poverty. [1] [2] [3] According to the World Bank, more than 850 million Chinese people have been lifted out of extreme poverty; China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of ...
Rural society in the People's Republic of China encompasses less than half of China's population (roughly 45%) and has a varied range of standard of living and means of living. Life in rural China differs from that of urban China. In southern and coastal China, rural areas are developing and, in some cases, statistically approaching urban ...
By 2004, poverty had fallen to 10 percent, [1] suggesting that approximately 500 million people had been lifted out of poverty in one generation. At the same time, the pace of change has brought mixed results. China faces serious natural resource shortages and environmental problems. As people live in different areas, the differences between ...
Rural poverty refers to situations where people living in non-urban regions are in a state or condition of lacking the financial resources and essentials for living. It takes account of factors of rural society, rural economy, and political systems that give rise to the marginalization and economic disadvantage found there. [1]
According to World Bank, "Poverty headcount ratio at a defined value a day is the percentage of the population living on less than that value a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions."
The Rural Revitalization Strategy has the long term goals of achiving "decisive progress on rural revitalization" by 2035 and to be “fully rejuvenated with well-off farmers and strong agriculture sectors” by 2050. Although China claims to have eradicated extreme poverty, sustainable poverty alleviation also remains a goal of the strategy. [8]
The Targeted Poverty Alleviation Campaign and the fast allocation of resources have quickly raised the living standards of many households in rural China. [8] From 2015 to 2019, 68 million people were lifted out of rural poverty. This corresponds to 37,000 people per day. The national poverty rate changed from 10.2% in 2015 to 3.1% in 2019. [13]
Historically, the Chinese economy was characterized by widespread poverty, extreme income inequalities, and endemic insecurity of livelihood. [1] Improvements since then saw the average national life expectancy rise from around forty-four years in 1949 to sixty-eight years in 1985, while the Chinese population estimated to be living in absolute poverty fell from between 200 and 590 million in ...