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China to eradicate poverty in 3 years

The plan is both ambitious and achievable based on China’s remarkable economic and infrastructural records.

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Chinese news outlet Xinhua has released the full remarks of President Xi Jinping from a 23 June symposium on the eradication of poverty which took place in Shanxi Province.

During his speech President Xi stated that he seeks to embark on a three year plan to fully eradicate rural poverty in the county.

The Chinese economic boom which begun during the reformist era of Paramount Leader Deng Xiaoping, has transformed China from a mainly agrarian developing economy to an industrial powerhouse and leading exporter. The IMF has recently stated that it expects to move its headquarters to China within a decade as it is projected with almost complete certainty that in terms of GDP, the Chinese economy will soon outpace that of the United States which had led the world for most of the 20th century and into the 21st. In many other areas, China already leads the world.

Three major developments have occurred under the leadership of Xi Jinping which have had further transformative effects on China.

First of all, it was during XI’s period in office that in 2013, China announced One Belt–One Road, the wide reaching trading/commerce infrastructure plan which seeks to harmonise world trade and elevate the trading capacities of both developing and developed economies. Crucially, unlike western derived schemes such as the WTO, One Belt–One Road does not include any requirements on governance or a nation’s economic characteristics. Instead, China seeks to integrate each nation’s growing capacities along wide reaching land roads and maritime belts in an interlocking system which plays to the existing and projected strengths of economies across several continents.

The second great achievement of the Xi era has been the flourishing of China’s internal market for not only basic goods but also Chinese made luxury goods. It is not out of the question that in the near future China’s number one market for Chinese made goods, will in fact be China, just as this was the case in respect of the United States during much of the 20th century.

Finally, China is rapidly moving on a path towards energy self-sufficiency and doing so in a manner that relies greatly on green technology. New cities in China are increasingly running primarily or entirely on solar energy at a pace which outstrips every other major nation and global region.

In many ways, the logical final frontier of China’s march towards full prosperity is the eradication of what remains of poor conditions in some rural areas.

President Xi said the following on the subject,

“We must send our best talents to the front line of the tough battle with extreme poverty. All levels of government should actively send cadres to station in poor villages in an effort to fortify the party leadership”.

He continued,

“The priority for the next stage is to solve the problems of social services, infrastructure and a basic medical services shortage in areas with deep-rooted poverty issues”.

The South China Morning Post further reports that Xi’s plan includes the following goals 

–An equitable distribution of land in poor rural areas 

–Relocate certain residents in decrepit areas to areas with modern living and working accommodations 

–Improve rural medical facilities and care, with an emphasis on the elderly and ill

–Employ local residence in environmental protection initiatives 

–Improve rural education 

–Create new transport infrastructure to poor rural locations 

–Create a plethora of new jobs in rural areas 

–Remove 12 million people from the official definition of poverty 

President Xi has stated that he believes these ambitious goals can be accomplished in spite of their broad scope. He has said,

“As long as we pay great attention, think correctly, take effective measures and work in a down-to-earth way, abject poverty is absolutely conquerable”.

China’s growth between 1978 and the present day has confounded most naysayers and defied the trends which have shaped modern expectations for economic and infrastructural growth.

Based on this reality, there is every chance that President Xi’s ambitious plans will in a few short years, become a settled reality for China.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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Shahna
September 1, 2017

I realise it’s been pretty rough for some but nonetheless it’s been simply amazing.
Amazing what a govt can achieve when it also works for all its people instead of only for itself and a rich few.

….Even more amazing that this should be so for China – and not a Western nation where instead we see, increasing poverty.

Hamletquest
Hamletquest
September 1, 2017

However you describe it, communism with a capitalist twist or capitalism with a communist twist the state organised economy seems to work.

Simon
Simon
Reply to  Hamletquest
September 1, 2017

I’d describe it as getting your priorities right, based on reality.
Of course if they ‘enjoyed’ Liberal Democracy they might prioritise spending $2 trillion on a 16 year war in eg Bolivia or Congo instead.

Terry Ross
Terry Ross
Reply to  Simon
September 1, 2017

I cannot imagine a Liberal China with a high proportion of its 1.38 BILLION people confused about gender identity.

JNDillard
JNDillard
September 1, 2017

I don’t know who I admire more – Putin or Xi. Together, these guys are presenting the world with a viable way forward as the Empire dies.

tomo stojanovic
tomo stojanovic
Reply to  JNDillard
September 1, 2017

it’s simple – to prosper, a country just needs to make sure psychopaths are not put in positions of power. They cannot care about others even if they wanted to, such is the nature of their sickness. Putting them in charge of a country is like putting a fox in charge of a hen house. Americans instead glorify and worship them.

Godfree Roberts
Reply to  tomo stojanovic
September 2, 2017

If you study it, you’ll see that our system weeds out anyone who’s not sociopathic.

XRGRSF
XRGRSF
September 1, 2017

IMO the economic models of both Russia, and China are National Socialist. Read Mein Kampf, and pay special attention to the economic theories posited by Gottfried Feder. This exercise requires conscious thought so it’s not for those faint of heart or foggy of mind. Reading Mein Kampf will no more turn a person into a Nazi that reading Das Capital will turn someone into a Communist so please spare me the “NAZI, NAZI, NAZI !!!” hysteria. It seems that a number of nations, especially in the Pacific rim, have begun to move purposefully toward the NS economic model. Regardless of… Read more »

Shahna
Reply to  XRGRSF
September 1, 2017

….. Have you actually read Mein Kampf? I mean … started on the first page and gone all the way to the last? I ask because I tried. Really – I REALLY TRIED But it’s a whole big lorry catootie of …. endless WAFFLING. (I thought the preface’s description of “political pornography” was… kind.) It was banned here you see, so of course, I wanted to read it. And I eventually lent it to someone under the same terms I received it: You may borrow it if you promise never to return it. Nationalist Socialist Germany had some really very… Read more »

XRGRSF
XRGRSF
Reply to  Shahna
September 2, 2017

Political Pornography? Do you think the reviewer could be somewhat biased. Yes, I’ve studied Mein Kampf. I have the two major translations from German to English: Murphy, and Manheim. I also have papers done my Chinese, Japanese, and Russian scholars. There is also an on line searchable version of Mein Kampf. Obviously, I don’t view Mein Kamph in the way you do, and the reason could be that I read with an open mind. Considering that you live in a society where Mein Kampf is banned perhaps you should ask why? What is it that your social engineers are afraid… Read more »

Shahna
Reply to  XRGRSF
September 2, 2017

Was the writer of the preface biased? Probably – seems to me everyone is biased about MK one way or the other. I asked you because I was curious… I read most of the book but found it excruciatingly waffly. (And that was a LONG time ago.) I was hoping for …. reason rather than ‘just umbrage.’ I don’t live in a society where MK is banned. I live in South Africa: it was banned under the Apartheid Govt and book banning went the way of that govt. (NP govt was VERY good friends with Israel. And I mean VERY… Read more »

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 1, 2017

You wrote that you’ve read Mein Kampf (see: http://hitler.org/writings/Mein_Kampf/ ). Chapter 11 succinctly articulates Adolf’s extreme racism against the Jewish people. Under Germany’s national socialist policies, the country miraculously recovered economically from the severe financial demands put upon it by the World War I reparations outlined in Article 231 of the Treaty of Versailles. However what if the fuehrer: 1. Didn’t blame the woes of German poverty on an entire race of people? 2. Didn’t extol the false virtues of Aryan society propaganda? 3. Didn’t put Germany on a path to destruction by making war in Europe? In your opinion:… Read more »

Seán Murphy
Seán Murphy
Reply to  MyWikiDisQus
September 1, 2017

Hitler and Germany didn’t start WW2: France and Britain declared war on Germany. Germany didn’t have much choice in the matter.

MyWikiDisQus
MyWikiDisQus
Reply to  Seán Murphy
September 1, 2017

Germany invaded Czechoslovakia in March of 1939 and Poland on September 1, 1939 (today is the 78th anniversary). If you don’t consider those two events as the start of WW II, then you’ve read the wrong history books.

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 2, 2017

Germany invaded Czechoslovakia, and Poland to protect ethnic Germans from extermination. Also, there was the issue of taking back territory the return of which was provided for in the Versailles Treaty. England, France, and the Soviet Union piled on to turn a local issue into a war that deeply damaged their nations, and murdered as many as 75,000,000 people. Perhaps you’ve read the wrong history books.

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 2, 2017

The three and a half million ethnic Germans who lived in the North and Western regions of Czechoslovakia (Sudetenland) were never threatened with “extermination” as you falsely wrote.

Hitler coerced the Czechs into giving up Sudentenland or face invasion. The Munich Treaty that was brokered by Britain’s Neville Chamberlain allowed Germany to annex the regions thereby gaining 10,000 square miles of territory in September, 1938. Six months later, the German Wehrmacht occupied Prague and Hitler declared Czechoslovakia “no more” (see: http://www.wehrmacht-awards.com/service_awards/sudetenland_occupation.htm ).

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 6, 2017

Nations come, and nations go; history is replete with that. Czechoslovakia peeled off of the Austro-Hungarian empire in 1918, bounced around as pseudo nation until 1993, and then dissolved. During that time it was troublesome, and added greatly to global conflict. It reminds me of that other pseudo nation: Ukraine.

Constantine
Constantine
Reply to  Seán Murphy
September 2, 2017

Come on, dude. Hitler attacked Poland. What should the allies do? Sit and watch? They already did that in 1938, when it was only the USSR that prepared for a military conflict if necessary in order to aid Czechoslovakia.

Hitler and Germany DID start WWII. The revisionist view I tend to vehemently oppose is the one that originates in the Anglo-American countries, in Poland and the Baltics, always by virulent Russophobes. This is that the USSR is equally responsible for the outbreak of the war.

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 2, 2017

My post concerned the economics of NS Germany. I don’t care one wit about the Jewish people. What if? Who cares? What if you Jews didn’t invent the holohoax, and use it as an excuse to steal Palestine? What if you hadn’t put Israel on a path to destruction by feeding on the rest of the world? Do you really think you can protect yourselves with white quilt generated by your propaganda forever? Trust me, you will soon find that the sun does not rise, and fall on your fat kosher butt. A. The policies of exceptionalism, and militarism don’t… Read more »

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 2, 2017

Please, your accusations of being a Zionist sympathizer are wasted. You couldn’t even give an opinion without running your racist mouth off. My question to you was based on historical facts relative to Germany’s rise from the ashes of financial ruin, poverty and starvation of its people. If Hitler focused on growing the nation into an international hub for commerce instead of war, Germany may have been one of the great economic powers of that era. Germany was one of the first European nations to extricate itself from the Great Depression. Under the national socialists, unemployment was reduced from 6… Read more »

Constantine
Constantine
Reply to  MyWikiDisQus
September 2, 2017

While many policies of the Nazis were positive, the underlying context was that of a sacrosanct state of the chosen, superior race. And that affected the course of the country. Thus, the reduction of unemployment was based to a certain extent to the mobilization of the war industry and the expansion of the armed forces. And success was further fed by territorial expansion. This is the case of the gold reserves of Czechoslovakia (much of it being the former Russian Imperial gold seized by the Czech Legion during the Civil War) which were used to balance the increasing military costs… Read more »

XRGRSF
XRGRSF
Reply to  Constantine
September 2, 2017

Actually, I’m more of a fan of accurate history presented without distortion, and bias. You should try it sometime.

So tell me, Constantine, do you really view yourself as an Emperor?

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 2, 2017

Why can’t you stay on the subject of economics? In what way am I racist? Am I racist simply because I refuse to worship a pack of thieving Zionist Jews? Is it because your primary motivation is to use what you view as racism to attack anyone who fails to bow before your Zionist Jews? The world has grown weary of your constant cries of racism, and antisemitism. Besides, Judaism is supposed to be a religion not a race.

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 3, 2017

Glad you’re back. Let’s continue this thread and try and come to an understanding. You asked four questions in tandem. Q1: “Why can’t I stay on the subject of economics?” I did but I had to establish the background of Hitler’s racism he so succinctly declared in his autobiography as the foundation of my two points being, (A) his consuming bigotry towards the Jewish people blinded him from his greater achievement of leading Germany’s economic recovery and (B) by exploiting the success of his work and spreading it throughout Europe, he may have laid the genesis for the European Union… Read more »

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 6, 2017

Indeed, let’s come to an understanding; 1. I made a comment on pre-WW 2 German economics, and you immediately piled on with the Jew garbage after I firmly stated that I was not supporting the Nazi cause. Why did you do that? Because the Jew is terrified of the effect of NS economics on their banking cartel. I submit a quote for Winston Churchill: “The unforgivable sin of Hitler’s German was to develop a new economic system by which the international bankers were deprived of their profits.” You then went on to obfuscate the subject by introducing spurious tidbits of… Read more »

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 7, 2017

X-Man, I have to shake my head at your ridiculous assumptions and lack of comprehension when someone posts historical, irrefutable facts that you deliberate misconstrue to support a line of personal thought that reveals your blind, unwarranted hatred for an entire race of people. Your original post is not in dispute about the economic benefits of the German government’s national socialist economic model in the early 1930’s. I even concurred with your understanding of that period in my initial post. Did you even read what I wrote? Here let me repeat it again, word for word. “Under Germany’s national socialist… Read more »

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 8, 2017

I’ve studied all of the Abrahamic religions, in excruciating detail, and that’s why I don’t subscribe to them. You, sir, regardless of any or no religion that you profess, are a Jew. In this instance you are condemned by your own words, “Jews are a people who may or may not follow a religion.” It’s no small wonder that you are terrified by a discussion of NS economics.

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 8, 2017

Your rant is incomprehensible and your conversation foul. You try and make a case for defamatory accusation based on what; that I wrote the truth? Despite your hatred for Jews, they are a tribe of people recognized by the world; the last of the Hebrew race. Like all peoples, there are good Jews and bad Jews representing the eternal struggle of man. They will all be judged in the end, like the rest of us. Your attempt to fashion a cogent argument about period economics and commingle it with racial condemnation is incredulous. You want to write about Germany’s national… Read more »

XRGRSF
XRGRSF
Reply to  MyWikiDisQus
September 8, 2017

NS economics not NS policies. However, I love the way you people react when you’re desperate: Insults, name calling, and big words. Shakespeare had you pegged long ago, “All sound, and fury signifying nothing.”

MyWikiDisQus
MyWikiDisQus
Reply to  XRGRSF
September 8, 2017

Whoa, back up a few posts, X-Man, it was you who slung the first vitriol, not me! However I apologize, I’ll try not to use “big words” to confound you in the future.

Policies are the administrative foundation for a government’s action. For example, The National Socialist policy for the German Workers Party was based upon a 25 point program (see: http://www.hitler.org/writings/programme/ ).

Here is some more detail on their economic policies (see: http://ihr.org/other/bauer1939economicpolicy )

and here (see: https://nazieconomicpolicy.wordpress.com/2010/10/29/1933-to-1936/ ).

Born Free
Born Free
September 1, 2017

I’ll believe it when I see it. They are in a bad financial position now and have been for years….way worse than America…

Godfree Roberts
Reply to  Born Free
September 2, 2017

They’re in great shape financially, according the the BIS. Average debt for their peers (way less than Japan’s) fast, sustainable growth, strong public support. Perhaps you’ve read too many headlines like these: 1990. The Economist. China’s economy has come to a halt. 1996. The Economist. China’s economy will face a hard landing 1998. The Economist: China’s economy enters a dangerous period of sluggish growth. 1999. Bank of Canada: Likelihood of a hard landing for the Chinese economy. 2000. Chicago Tribune: China currency move nails hard landing risk coffin. 2001. Wilbanks, Smith & Thomas: A hard landing in China. 2002. Westchester… Read more »

louis robert
louis robert
Reply to  Godfree Roberts
September 2, 2017

Confirmation:

“Democracy is Failing | Eric X Li | Oxford Union”

https://m.youtube.com/watch?v=9kqwMKyBvLc

Godfree Roberts
Reply to  louis robert
September 2, 2017

Weirdly, it’s China that’s the real democracy:https://www.unz.com/article/selling-democracy-to-china/#new_comments

louis robert
louis robert
Reply to  Godfree Roberts
September 2, 2017

Very interesting. Thanks, Godfree.

China will be central in my grandchildren’s world, a very different one indeed from the current one.

Born Free
Born Free
Reply to  Godfree Roberts
September 2, 2017

Disagree. China is facing a bank crisis because of their debt. It’s much greater than ours as a percentage of GDP.

Godfree Roberts
Reply to  Born Free
September 3, 2017

Here’s ours and theirs:comment image

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