Long-Term Poverty Reduction Strategies in China Post-2020
Huang Zhengxue (黄征学)*, Gao Guoli (高国力), Teng Fei (滕飞), Pan Biao (潘彪), Song Jianjun (宋建军) and Li Aimin (李爱民)
Institute of Spatial Planning & Regional Economy, National Development and Reform Commission, Beijing, China
Abstract: Poverty reduction is an eternal theme in the modernization drive of countries. After 2020, China’s poverty reduction endeavors will face new challenges and shift towards: (i) elevating poverty standards, (ii) placing equal emphasis on rural and urban poverty, (iii) preventing people in the deeply poor regions from slipping back to poverty, (iv) combining external assistance with endogenous development, and (v) enhancing social protection and targeted fiscal support for aiding the poor. Following the new trends of poverty reduction, policymakers should update their strategic approach, adopt new poverty reduction standards, target at a broader group of poor groups, promote pro-poor development, and improve poverty governance. Lastly, this paper puts forward the following policy recommendations for reducing poverty in China post-2020: (i) maintaining policy continuity and stability during the transition period; (ii) creating regular poverty relief mechanisms for urban and rural residents; (iii) improving the targeted identification and dynamic adjustment of target groups for poverty reduction; and (iv) reducing poverty through social protection and development.
Keywords: post-2020 poverty reduction, battle against absolute poverty, poverty reduction strategies, urban and rural integration
JEL Classification Codes: O15
DOI: 1 0.19602/j .chinaeconomist.2020.05.04