$93b to be spent on mov­ing 10 mil­lion peo­ple

China Daily (Canada) - - NEWS CAPSULE -

China will spend 600 bil­lion yuan ($93 bil­lion) in the next five years to re­lo­cate about 10 mil­lion im­pov­er­ished peo­ple, an of­fi­cial said.

The in­vest­ment at all gov­ern­ment lev­els should match the de­ter­mi­na­tion of the cen­tral gov­ern­ment in fight­ing poverty, Su Guoxia, spokesper­son of the State Coun­cil Lead­ing Group Of­fice of Poverty Al­le­vi­a­tion and De­vel­op­ment, said at a press con­fer­ence.

In 2016, spend­ing on poverty al­le­vi­a­tion by the cen­tral and provin­cial gov­ern­ments will in­crease by a large mar­gin, Su added.

At the end of last year, 70 mil­lion peo­ple in the coun­try­side lived be­low China’s poverty line of 2,300 yuan in an­nual in­come by 2010 price stan­dards.

XIN­HUA

Stephon Mar­bury, a two-time NBA star and three-time Chi­nese Bas­ket­ball As­so­ci­a­tion cham­pion,is ex­pected to be given a Chi­nese “green card”, or per­ma­nent res­i­dence per­mit, later this month. Mar­bury, 38, left the US and a $20 mil­lion con­tract six years ago to play pro bas­ket­ball in China. He is so pop­u­lar in his adopted home­town of Beijing that he was named an hon­orary cit­i­zen of the city.

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