Joint Release—by the International Poverty Reduction Center in China and the Central University of Finance and Economics The 2021 Annual Report of International Poverty Reduction

On October 19, at the 2021 Global Rural Development Forum, the International Poverty Reduction Center in China and the Central University of Finance and Economics jointly released the 2021 Annual Report of International Poverty Reduction, which aims to share experiences in poverty reduction, and promote international exchanges, thus advancing international poverty reduction and contributing to the development of the cause of global poverty reduction. The research team conducts a comprehensive analysis on the progress of global poverty reduction from multiple dimensions, including poverty population, regional poverty reduction processes and implementation of poverty reduction agendas, etc.. The report reviews China’s experience in poverty alleviation, and makes forecast on the prospects of global poverty reduction during post Covid-19 period.

The report finds that the number of people living in poverty worldwide had fallen from 1.107 billion in 2010 to 666 million in 2019, according to the World Bank’s international poverty standard of $1.90 per person per day. However, the global employment market has been severely impacted by the Covid-19 pandemic, the food crisis, the survival crisis of children under poverty and the high risk of education shortage. Global regions are at different stages of poverty eradication and patterns of poverty reduction are characterized by diversity. While global nutrition and health, medical services, education development, infrastructure construction and other areas is improving, the progresses in different countries and regions vary significantly. The report analyzes China’s experience in poverty alleviation and related explorations and experiences on how to consolidate and expand the achievements in poverty alleviation and comprehensively promote rural revitalization, and provides China’s samples and China’s programs for poverty reduction in the world. The report summarizes the major challenges that the world may face in reducing poverty in the future, and it also puts forward development proposals to promote the process of poverty reduction in the areas of health care system, education guarantee, infrastructure construction, climate change response, economic policy making and deepening multilateral cooperation.