China Says It Has Achieved ‘Human Miracle’ Of Eradicating Extreme Poverty

China Says It Has Achieved ‘Human Miracle’ Of Eradicating Extreme Poverty

Chinese President Xi Jinping on Thursday declared his country had achieved the “human miracle” of eliminating extreme poverty, though questions continue to surround the Communist Party’s criteria for making the claim.

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In a glitzy ceremony in Beijing, Xi bestowed medals on officials from rural communities, some wearing traditional ethnic-minority attire, and promised to share this “Chinese example” with other developing nations.

“No other country can lift hundreds of millions of people out of poverty in such a short time,” Xi said.

“A human miracle has been created that will go down in history.”

China last year claimed it had achieved its long-trumpeted goal of lifting all of its people above a poverty line of $2.30 in daily income.

That is slightly above the World Bank’s lowest threshold of $1.90, but below what is recommended for higher income countries.

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The World Bank says China has lifted more than 800 million people out of extreme poverty since turning to market reforms in the 1970s, after decades of state planning and ill-advised Maoist campaigns that had stifled the economy.

China is now “providing help to developing countries” still struggling with poverty, Xi said.

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