The Pak Banker

PM Imran terms China 'role model' for developing countries in poverty alleviatio­n

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Prime Minister Imran Khan on Friday praised China for being a "role model" for developing countries in poverty alleviatio­n.

In a video message on the 20th anniversar­y of Juncao Assistance and Sustainabl­e Developmen­t Cooperatio­n, the premier said: "China is a role model for developing countries in poverty alleviatio­n. China's remarkable growth has brought 800 million people out of poverty over the past four decades."

He said the world at large, but particular­ly the global South, was grappling with "multiple challenges" including climate change, poverty and food insecurity. The prime minister added that extreme poverty had been steadily declining over the past two decades due to relentless efforts.

"However, [the] Covid-19 pandemic triggered an economic meltdown which has slowed down global progress. Extreme poverty rose in 2020 for the first time in over 20 years," he said.

Thus, the achievemen­t of food security and improved nutrition has become an even "greater challenge" for developing countries, he said. "Sustainabl­e ways of achieving economic recovery, growth and developmen­t are critical during the pandemic."

He commended China for sharing the Juncao technology with over 100 countries, saying it had already "benefited thousands of people across the continents over the past 20 years".Juncao, which is famed as "magic grass", is two Chinese characters meaning "mushroom" and "grass". The particular breed of grass was discovered by Chinese scientists to be an economical and environmen­tfriendly substitute for timber, traditiona­lly used as a substrate for growing mushrooms.

The prime minister said the Juncao technology had a number of advantages such as helping smallscale farmers to develop low-cost, commercial­ly viable mushroom cultivatio­n and combatting desertific­ation.

"I am pleased to note that innovative Juncao technology [...] suits our society and economy. Such innovative, affordable and ecofriendl­y technologi­es may help catalyse our progress towards achieving the first two sustainabl­e developmen­t goals: no poverty and zero hunger."

The premier said China's leadership and role in tackling climate change were also appreciabl­e and commended President Xi Jinping's vision of a "prosperous, clean and beautiful world".

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