China

China to raise its poverty line

By Jin Zhu (China Daily)
Updated: 2010-10-28 08:06

Incomes to go up

BEIJING - As part of its new five-year plan, China aims to raise incomes faster across the country and keep them growing at the same pace as the economy and productivity.

This comes from the Communist Party of China Central Committee's Proposal for Formulating the 12th Five-Year Program for China's Economic and Social Development (2011-2015), which was released on Wednesday.

Wages at the lower end of the income scale will increase dramatically and the number of people living in poverty is expected to see a significant reduction, the government said.

The government also stressed the need to work for a more balanced regional development and urbanization over the next five years.

This proposal will have to be approved by the National People's Congress, China's top legislature, when it convenes its annual session next year.

China Daily