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China's contribution to the global economy

China Daily | Updated: 2017-01-16 11:17

Poverty Eradication

According to the World Bank's data, the number of people living in extreme poverty in the world totaled 702 million in 2015, or 9.6 percent of the world's population, while China's extreme poverty people dropped from 770 million in 1978 to 55.75 million in 2015. China's average annual poverty reduction rate is 2.2 percent before the Millennium, far exceeding the world average level.

"As a result of progress in China, the extreme poverty rate in Eastern Asia has dropped from 61 percent in 1990 to only 4 percent in 2015 … China alone accounts for almost two thirds of the total reduction in the number of undernourished people in the developing regions since 1990."

The Millennium Development Goals Report, 2015, United Nations

China's contribution to the global economy

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