The year 2020 marked the final year of China's campaign to eliminate absolute poverty within its borders. Poverty alleviation officials and members of the public had created a poverty eradication miracle in China. Since 2012, China Energy Investment Corporation has blazed a unique trail of poverty alleviation through measures.
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According to the unified arrangement of the central government for poverty alleviation work, China Energy Investment Corporation undertakes the tasks of helping nine counties (including seven designated poverty alleviation counties and two counties under pairing-up assistance) reduce poverty. Among these nine counties, Nyainrong in Tibet, Gangcha and Qumalai in Qinghai, and Butuo and Puge in Sichuan are located in areas of extreme poverty, while Youyu in Shanxi, Ningcheng in Inner Mongolia, and Mizhi and Wubao in Shaanxi are located in poverty-stricken old revolutionary base areas.
The Party committee of China Energy regards targeted poverty alleviation as one of its key tasks, with remarkable achievements made by the company in leading the poverty alleviation counties out of poverty by strengthening responsibility, reinforcing organizational leadership, increasing investment, selecting and dispatching capable personnel, enhancing supervision and guidance, and innovating methods of assistance. With great assistance from China Energy, Youyu, Gangcha, Nyainrong, Ningcheng, Mizhi, Wubao and Qumalai have been successfully lifted out of poverty during the period from August 2018 to April 2020. In the assessment of poverty alleviation work conducted by the State Council Leading Group Office of Poverty Alleviation and Development and the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), China Energy received the highest ranking for three consecutive years from 2017 to 2019. It has also been honored among 50 Typical Cases of Targeted Poverty Alleviation by Chinese Enterprises.
In 2019, China Energy actively studied and implemented President Xi Jinping’s discourses on poverty alleviation, formulated its Management Measures on Targeted Poverty Alleviation and Pairing-up Assistance and 2019 Plan for Poverty Alleviation, and coordinated and arranged work on targeted poverty alleviation and pairing-up assistance. Throughout the year, the company earmarked poverty alleviation funds totaling 226 million yuan (US$32 million), a year-on-year increase of 29 percent.
In 2020, China Energy will fully implement the guiding principles of the important speech delivered by General Secretary Xi Jinping at a symposium on securing a decisive victory in poverty alleviation and the spirit of the video conference held by the Party committee of the SASAC calling on central enterprises to win the battle against poverty. Efforts will be focused on providing aid to Butuo and Puge counties which have yet to shake off poverty, while continuing to help the seven counties including Youyu consolidate poverty alleviation achievements and increasing pairing-up assistance to poor regions in Xinjiang, with an aim to firmly lift the poor areas out of poverty.