26 MARCH 2016 GMT
‘At this month’s National People’s Congress (NPC), Chinese Premier Le Keqiang boasted that the central government would increase its poverty alleviation budget by 43.4 percent this year and lift at least 10 million people out of poverty by year’s end and another 55 million by 2020.
While the percentage was widely reported in the Chinese media, the actual monetary increase will be only 20.1 billion yuan ($US3 billion) out of total budget of 2.7 trillion yuan. Moreover, even if the programs are successful, it will raise the income of those affected above the austere official poverty line of 2,300 yuan per year or about one US dollar per day.’
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