微信读书

In the past 40 years， China has made tremendous progress in poverty reduction. China s historic rapid growth resulted in a poverty decline unprecedented in its speed and scale. Rapid growth was made possible by a wide range of reforms， which transformed a state-dominated， planned， rural and closed economy to a more market-based， urbanized and open economy.As a result， real per capita incorue increased 16 times between 1978 and 2014，and real output per worker increased by a factor of 12. This enabled China s　　extreme poverty ratet based on the internationalpurchasing power parity (PPP)　　US$1.90 per day povertyline， to fall fiom 88.3 percent in 1981 to 1.9 percent in 2013. This implies that China s success enabled more than 850 million people to escape poverty.