Despite China’s world-beating success at eradicating poverty, economic disparity persists. How will the government ensure no one is left behind?
But here’s some good news. Yet-to-be-released data shows that China has all but eradicated urban poverty. For a country with huge numbers of poor people streaming into its cities, many of whom living initially in conditions of abject misery, this is an extraordinary success. It has been achieved, in large part, because of a government subsidy paid to urban dwellers to bring incomes up to a minimum level of 4,476 yuan ($700 or £446).
Source: The Guardian Circular Economy RSS