New China's developments benefit the world

China's efforts toward poverty alleviation have been exceptional, and driven by various factors. Before the transformative reform and opening-up in 1978, China focused on enhancing human capital through education and healthcare, strengthening industries to create jobs, and bolstering national security. Since 1978, the shift from a planned economy to a socialist market economy has unleashed productive forces. The strategy for poverty eradication has evolved, emphasizing key pillars such as commitment to reform, fostering innovation through special economic zones, and implementing long-term plans like the five-year plans and targeted assistance policies.