China to set up special fund for poverty reduction – Xinhua

From Xinhua (link):

China is expected to set up a special industrial fund to boost its poverty reduction efforts, according to sources attending a symposium on the sustained development in the country’s poverty-stricken areas.

The poverty reduction fund was proposed by the China Association for Poverty Alleviation and Development, but there’s no timetable yet as to when it will be launched, said the association’s vice president Tian Ruizhang.

Tian said their application has been submitted to the government and is being reviewed.

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