Poverty Elimination in China by 2020: Bringing a Transformation

Poverty is a challenge in the development and growth of a nation and hence a social and economic phenomenon. Elimination of poverty is a primary goal, and policies towards this are framed, but its success rate generally falls below the targeted goals. China is probably the only country that has eliminated ‘absolute poverty’ in 2020, by specifically implementing a targeted policy for elimination of poverty. The policy adopted by China may be replicated by other countries for similar positive results. The article analyses the specific policies for poverty elimination in China, giving some actual results from the field. It also makes a historical exploration of the poverty policies by China.