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Poverty Line Redefined by China

by Kathy Jones on Dec 4 2011 8:14 PM

 Poverty Line Redefined by China
The definition of poverty has been altered by China in line with international standards, bringing nearly 100 million more people in the poor list.
The move will also put more people in rural areas under the government's poverty aid network.

A rural resident with a yearly net income of less than 2,300 yuan ($361) will now be considered living in poverty. The threshold, lifted from 1,196 yuan in 2009, translates into slightly less than $1 a day, The China Daily reports.

The revision will boost the number of people deemed poor to 128 million from 26.88 million last year, said Hong Tianyun, a spokesman for the Leading Group Office of Poverty Alleviation and Development under the State Council.

The poverty line applies only to rural areas.

After China's revision of the poverty line, more people will be covered by the government's poverty reduction fund, which will amount to 27 billion yuan this year, a 21-percent annual increase.

Source-ANI


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