China will invest 946.3 billion yuan ($140 billion) by 2020 to relocate its poorest citizens from remote, inland regions to more developed areas, the state planner said on Monday.
The mass relocation is part of a strategy to lift 10 million people out of poverty by 2020, with 2 million estimated to be moved this year, the state council said in May.
China’s poor make up about 5 percent of a population of 1.4 billion, living mostly in the countryside and earning less than 2,300 yuan a year, according to the government and state media.
More than 12 million people were moved in earlier relocation efforts as of the end of last year, the NDRC said.
Full article: The Great Move of China 2020 is Underway (TruNews)