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The Oxford Companion to the Economics of China$
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Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang

Print publication date: 2014

Print ISBN-13: 9780199678204

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199678204.001.0001

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Poverty

Poverty

Chapter:
(p.411) 67 Poverty
Source:
The Oxford Companion to the Economics of China
Author(s):

Albert Park

Sangui Wang

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199678204.003.0068

This chapter discusses poverty reduction in China. Since the start of its economic reforms, China has successfully lifted hundreds of millions of its citizens out of poverty. The chapter explains the sources of poverty reduction, which are mainly attributed to broad-based rural income growth associated with market reforms and rapid economic development. It also describes the identification and assistance for China’s remaining poor, such as expanding social protection and social insurance programmes, providing assistance for medical fees, subsidies to support households lacking a working member capacity, and disaster relief.

Keywords:   China, poverty reduction, poor, poverty threshold, rural income, economic policy, economic development

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