By Lin Wang
This e-book explores the mechanisms and value of China’s deepest economic climate engaging in poverty relief. via basing its research on theories of improvement economics and public economics, the publication stresses functional importance and abandons unreasonable assumptions. It makes use of a scientific set of statistical research instruments and descriptive records to supply a multidimensional and hugely visible layout. past the conventional qualitative comparability of nations, it additionally introduces quantitative comparability. contemplating the expanding problem and interest approximately China’s booming economic system and emerging deepest area, the publication is very topical, supplying readers theoretical insights into China’s poverty relief mechanisms and crucial details at the position performed by means of the non-public economic system in social and financial development.
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Additional info for Poverty Alleviation Investment and Private Economy in China: An Exploration of The Guangcai Programme
Therefore, the BIG PUSH theory, to some extent, is an ideal theory (Zhou Xun 2007). Another representative theory is Ragnar Nurkse’s balanced growth theory, which believes that there are two vicious circles in economies of backward countries, namely the supply shortage circle (low productivity-low income-low reserve-capital shortage of capital supply-low productivity) and the demand shortage circle (low productivity-low income-low consumption demand-low investment demand-low productivity). The key to change these two vicious circles is to implement balanced growth strategy, which means to invest in different industries and areas simultaneously which can not only coordinate the development of different sectors and departments and increase supply, but also form a mutually supportive investment framework among different industries and areas and expand demand.
Three Benefits” means to make ecological, economic and social benefits, in which ecological benefits are the foundation, economic profits are the support and social benefits the extension. “Four Increases” means to increase government revenue, people’s income, enterprises’ efficiency and afforested land at the same time. “Five Ones” require the projects to afforest one area, improve one environment, boost one industry, enrich people of one place and revitalize economy of one region. In the past 8 years, Pangu Group has invested more than 50 million yuan in expanding the afforested areas from 520,000 to 1,000,000 mu, controlling desertification for 60,000 mu and cultivating 1,500 trees and seedlings.
They got a more thorough idea of the damage brought by desertification and some first-hand information about the resettlement of ecological migration, sandstorm treatment and forestation carried out by non-governmental sector. On August 26th in 2007, the first International Forum in Hobqi Desert focusing on “Desert, Ecology, and New Energy” was held in Hangji Qi (league), Ordos, and Inner Mongolia. This forum aimed to provide a platform for domestic and foreign organizations and officials, for businessmen and academicians to exchange opinions and to arouse awareness of both government and common people to prevent desertification, develop new energy and to protect the ecological environment.
Poverty Alleviation Investment and Private Economy in China: An Exploration of The Guangcai Programme by Lin Wang