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China's experience in poverty alleviation shared abroad
China has excelled in poverty alleviation and its experiences should be shared all over the world, experts said on Friday at the 2017 China Poverty Reduction International Forum in Beijing.
Lifting people out of poverty has been a worldwide challenge for a long time, and China has achieved great success. In 2016, more than 12.4 million rural residents were brought above the poverty line, achieving the central government's target of lifting 10 million people out of poverty each year.
Accurate targeting should be encouraged, said Bert Hofman, country director for China, Mongolia and South Korea at the World Bank, in order to avoid people getting assistance who don’t actually need it. “Targeting the very specific needs of those people in poverty, it's hard to do, but if you can do it such as China, then it's the most efficient way to do it."
At the same time, sharing the “Chinese experience” abroad requires more efforts between China and other nations.
Developing countries could build up their capacity at first and then pursue solutions before targeting individuals, said Benedict Bingham, the Asian Development Bank’s country director.