CHINA TOPIX

04/24/2024 06:22:07 am

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poor regions in China

 A Chinese migrant worker carrying rubbish walks on a railway December 6, 2004 in Wuhan, Hubei Province of China.

China's State-Owned Giants to Launch $1.8B Fund to Fight Poverty

A group of 51 Chinese enterprises run by the central government has initiated a 12.2 billion yuan ($1.83 billion) fund to invest in the country's poorest region, as part of a state plan to utilize market forces to help eradicate poverty, Reuters reported.

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