On This Day | China’s Xi Jinping declares defeat of extreme poverty in 2021 – SCMP archive
Five years ago, China announced it had eliminated 850 million people out of extreme poverty

This article was first published on February 26, 2021.
By Mimi Lau
Xi claims victory in eliminating extreme poverty
China has declared complete success in eliminating extreme poverty, with President Xi Jinping hailing the lifting of 850 million people out of destitution as an “unprecedented accomplishment” unmatched by any nation in modern history.
In a speech at a ceremony in Beijing yesterday (February 25, 2021) to commend poverty fighters, broadcast live by state television, Xi said his signature campaign to improve livelihoods had added 100 million people to the total during his eight years in power.
“There is no other country that could achieve such remarkable poverty alleviation progress within such a short time,” he said.
The success in fighting poverty has been pegged to ambitious economic reform, and comes at a time the nation is recovering ahead of other global powers from the pandemic amid open tensions with the United States.