China Encourages Businesses to Help Poverty Alleviation

Friday, October 14, 2016

BEIJING – China is encouraging more private businesses to join its ambitious poverty reduction campaign, pledging tax breaks and financial support.

During his inspection tour in Central China’s Hubei province, Vice Premier Wang Yang on Thursday asked local governments to roll out more favorable measures to support companies that help with poverty relief in poor villages.

The government should respect companies’ autonomy and provide necessary skill training for farmers, Wang said.

The central government initiated the “businesses-help-villages” program last year. So far, more than 22,000 companies have paired with around 21,000 villages, investing in projects and creating jobs.


Flickr image credit: Alexander Mueller


Source: China Today (link opens in a new window)