In early 2021, the government of China announced the elimination of poverty in rural areas, as measured using the official poverty standard, equivalent to $2.30/day (2017 PPP). However, using a higher poverty line typical of upper-middle-income economies such as China, about 17 percent of the population was living below $6.85/day (2017 PPP) in 2021, with close to half residing in urban areas. The overall pace of poverty reduction is slower than in...
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2024/10/01
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Fiche
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196068
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1
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2025/01/03
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Disclosed
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China Poverty and Equity Brief : October 2024
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