China allocates 113.6b yuan for poverty alleviation
China's central government has dispensed part of the 2020 funds for poverty alleviation to local governments, the Ministry of Finance said Monday.
The 2020 poverty relief fund already allocated to 28 provincial-level regions totaled 113.6 billion yuan (about $16.2 billion), accounting for 90 percent of that recorded in 2019, according to the ministry.
Some 14.4 billion yuan of the money will be channeled to support areas in deep poverty, including Tibet, Xinjiang, and parts of Sichuan, Yunnan and Gansu provinces.
The ministry said the power to review and approve the use of the poverty alleviation fund should be delegated to county-level governments and the fund should not be used for any projects or tasks unrelated to poverty reduction.
China aims to eradicate absolute poverty by 2020. As the deadline approaches, the country is focusing on the nation's poorest people, who mainly dwell in deep mountains with adverse natural environments and backward infrastructure, or have special needs.
Related News
-
City girl seeds scents of hope in remote regionHong Kong-born Annie Leung still remembers her first visit to the remote mountains of Southwest China'...
-
More people in Tibet's tourist city shake off povertyThe city of Nyingchi in southwest China's Tibet has made good progress in poverty eradication.
-
Top political advisor stresses ethnic, religious affairs, poverty alleviationChina's top political advisor underlined the efforts to properly handle ethnic and religious affairs, ...
-
Tibet's least habitable region lifts over 16,000 out of povertyA total of 16,212 residents in Ngari cast off poverty over the past three years.
-
China to enhance financial support for targeted poverty alleviationChina will unveil various measures to promote financial targeted poverty alleviation, the central bank...
-
Well-tuned steps urged for poverty eradicationPresident Xi Jinping underlined on Monday the need to shore up areas of weakness and carry out more ta...
Tibet Stories
Story of Northern Tibet: Sonam Gongbo's "coldness and warmth"
The people of northern Tibet are honest, frank, and straightforward in what they say and do.
