Tuesday, January 1, 2013

Poverty in China

Chinese leaders esp. the new office-bearers who are to take over as Chinese President and Prime Minister in March, 2013 (Lee Hechiyang and Jee Chinping) are on a round of their country to have first-hand knowledge about the economic conditions of the downtrodden. It is worrying them that they still have some 20 crore people living below the poverty-line. Although this figure has come down from 50 crores some 30 years ago, they are still contemplating as to how to eliminate poverty from their nation by 2030 AD.

They are making serious attempts to set up industrial units in such backward areas to push up employment opportunities and thereby improve their earning power in the days to come. They are also tightening their administrative machinery to work with honesty and deliver the goods as planned from the above. It is also alarming that millionaires are increasing while the poor are becoming poorer.- a development defying their preferred goals.

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