China has lifted 740 million people in rural areas out of poverty from 1978 to 2017, roughly 19 million each year, an official data stated on Monday.
The poverty ratio in rural areas dropped 94.4 percentage points during the same time period with an average annual decrease of 2.4 percentage points, the State-run National Bureau of Statistics (NBS) said.
As per the data, China’s poverty relief achievements have contributed more than 70 per cent to global poverty alleviation work in the past 40 years.The average annual income of rural residents in impoverished areas rose an average of 10.4 per cent each year from 2012 to 2017, up 2.5 percentage points from the average for rural residents, the state-run Xinhua reported quoting the NBS data.