Poverty Alleviation, CSR and Micro Financing under Chinese model.

• Author: Cao, Lacy

Byline: Lacy Cao

Micro financial poverty alleviation is an important part of poverty alleviation and development, and an important measure to promote farmers' income, agricultural efficiency and coordinated urban and rural economic development. Pakistan has recently launched a nationwide welfare society construction work to ensure that the five basic rights and interests of Pakistani people in clothing, food, housing, education and medical care are fully guaranteed.

Pakistan Prime Minister Imran Khan announced that the construction of a welfare society covering the whole country was officially launched to ensure that the five basic rights and interests of the people, clothing, housing, education and medical care of the Pakistani people were fully guaranteed. In terms of specific measures, the Pakistan government will add 80 billion rupees of social security grants to the backward regions this year, and this amount will gradually increase to 120 billion rupees in the next two years. To ensure implementation, the Pakistan government has set up a special department for social security and poverty alleviation to coordinate the work of various existing departments with social security poverty reduction functions.

Building a welfare society is an urgent need for Pakistan to improve the real situation of the gap between the rich and the poor and the lack of basic security for the lives of the poor. A few days ago, the Pakistan government made policy arrangements to increase the prices of water, electricity, gas and other necessities in the next few years in order to increase income and stabilize the economy. How to protect the interests of low-income groups from being affected by the accelerated rise in the cost of living has become a major issue facing the Pakistan government. It is timely to start the construction of a welfare society.

Since the current administration of the Government of Pakistan, it has always attached great importance to poverty alleviation, and improved social security and other people's livelihood work. In particular, China is regarded as a successful template for reference. Prime Minister Imran Khan expressed his great appreciation to China for its great achievements in poverty alleviation and during his first visit to China in November last year, and hopes to bring relevant experience back to Pakistan. The "China-Pakistan Joint Statement" signed by the two countries also mentioned that China has lifted more than 700...