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China is making fast progress towards eliminating poverty, with the number of impoverished rural residents declining from nearly 100 million in late 2012 to 16.6 million by the end of 2018. It will only get harder to help those left get rid of poverty.
China has reached the quantitative goals that characterize a moderately prosperous society. Rising from deep poverty just 40 years ago, it has now reached the status of an upper middle-income country. In December 2019, per capita income exceeded the ,000 per year mark in exchange rate terms. More meaningfully, adjusted for purchasing power parity, China's GDP per capita has almost reached ,000. Extreme poverty is almost gone and, despite the COVID-19 epidemic, will be eliminated this year. Plus, world-class road, railway, airport and internet connections now reach almost everywhere.
China has seen the rapid development of rail transit in recent years.
China has rolled out a guideline to reform and refine its social aid system, pledging to bolster assistance for low-income families in the event of public emergencies, such as major pandemics, and widen the coverage of welfare programs.
China is on track to eliminate all expressway toll booths on provincial borders by the end of the year, with related construction work expected to be completed by Friday, the Ministry of Transport said on Thursday.