The global significance of China's poverty alleviation lies in the fact that the country has provided the world with practical and feasible poverty reduction strategies and solutions, said an Indian sinologist.
BEIJING, July 24 (Xinhua) -- China has brought about a historic resolution of the problem of absolute poverty and realized its first centenary goal -- building a moderately prosperous society in all respects.
The achievements mark a key milestone for the world's most populous country on its journey toward national rejuvenation.
Observers say the elimination of absolute poverty under the leadership of the Communist Party of China (CPC) is not only of great significance for China's own development, but also a powerful boost to inclusive development across the globe.
In many parts of the world, the development gap is increasing. Global extreme poverty grew in 2020 for the first time in over 20 years as the disruption by the COVID-19 pandemic compounds the forces of conflicts and climate change, which were already slowing poverty reduction progress. Reducing poverty and promoting inclusive development have become an increasingly urgent task for all countries.
The CPC stressed that no one should be left behind on the path to a moderately prosperous society. In the past eight years, China focused on areas of extreme poverty, and lifted the final 98.99 million impoverished rural residents out of poverty by the end of 2020.
The eradication of absolute poverty in China also demonstrates the concept of inclusive development.
According to Romina Sudak, a researcher with the China-Argentina Research Group at the National University of Rosario in Argentina, China's building of a moderately prosperous society in all respects reflects the idea that no one will be left behind in the fight against poverty.
Francis Semwaza, a social affairs analyst based in Tanzania's commercial capital Dar es Salaam, said China's achievements in ending absolute poverty and establishing a moderately prosperous society in all respects reflect the CPC's purpose of serving the people wholeheartedly and that the goal of China's poverty alleviation has always been serving the people.
"China's building of a moderately prosperous society in all respects fully demonstrates that the nation is composed of people, and people are all that matter to the nation," said Bambang Suryonochairman of Indonesia's Asia Innovation Study Center. "The world can clearly see that China is pursuing inclusive development."