Resource projects to benefit the poor
China’s cabinet released a plan on Tuesday that will enable the poor to share earnings from local hydropower plants and mining projects. To pilot the reform, the government will choose a maximum of 20 projects in impoverished contiguous areas and counties targeted in the country’s poverty alleviation program, according to the State Council. Local rural residents will be able to acquire stakes in such projects with compensation they receive for land used by the projects for construction, the plan said. The reform will be carried out from late 2016 to the end of 2019, and the chosen projects will begin construction in 2017.