Nobel Prize winner in Economics: China's achievements in Poverty Alleviation have attracted the attention of the World
Xinhua News Agency, New York, 13 Nov (Reporter Pan Lijun Zhang Yizhi) Michael Kramer, winner of the 2019 Nobel Prize in Economics and researcher on "Poverty reduction", said in an interview with Xinhua News Agency in New York recently that in the past few decades, Driven by reform and opening up, China has achieved sustained economic growth and achieved "great success" in getting rid of poverty, which has attracted the attention of the world.
Kramer said that China has taken a variety of ways to promote economic development and reduce poverty, a process that has been very successful. China's promotion of government decentralization, combined with incentives, has stimulated local initiative in achieving economic growth, protecting the environment and reducing poverty, which is a major factor in China's successful poverty alleviation and reduction.
Kramer said that deepening reform and opening up is an important driving force for China's sustained economic growth, and that China will achieve economic growth through reform and opening up, while paying attention to the construction of a social safety net, which can also be used for reference to reduce poverty in other developing countries.
He said: with the continuous development of China, while participating in market competition, China has continuously expanded its imports, creating a lot of opportunities for other developing countries. "in the long run, China has great potential for its own economic development. We will also continue to play an active role in benefiting the development of other regions. "
Kramer, 55, a professor at Harvard University, won the 2019 Nobel Prize in economics with Abidgett Banerjee and Esther Duflo, both of whom work at the Massachusetts Institute of Technology for their "experimental approach to reducing global poverty."