The world's first apple futures contracts started trading on Zhengzhou Commodity Exchange in Henan Province Friday morning. The launch of the futures is expected to help growers hedge against price risks.
China will focus on targeted poverty reduction measures during the next three years, said a statement issued after the Central Economic Work Conference that ended Wednesday.
More than 60 million people have been lifted out of poverty over the past five years, Xi Jinping said on Wednesday.
While China has seen 55.64 million rural people lifted out of poverty in more than four years, "abject poverty" remains, and so President Xi Jinping has put himself on the frontline.
Chinese President Xi Jinping has called on enhanced efforts and precise measures to eradicate extreme poverty.
China's Ministry of Culture has issued a plan calling for targeted poverty alleviation in the cultural field during 2016-2020.
The village of Liang Zhong Chang in Inner Mongolia is being held up by Chinese authorities as to how its poverty eradication program is progressing toward its ultimate goal of pulling everyone above the poverty line by 2020.
The Ministry of Finance on Thursday announced that the central government had earmarked 3.2 billion yuan (470 million U.S. dollars) to reward eight localities that have achieved remarkable poverty alleviation results.
The Chinese government has allocated more than 140 billion yuan (about 20.4 billion U.S. dollars) this year to keep pace with the needs of poverty relief, said the Ministry of Finance Saturday.
China's e-commerce giant JD.com has come up with a plan to relieve rural poverty by helping farmers produce and sell healthier free range chickens.
A village in Henan province has been transformed by accessing new markets online, thanks to the government's 'Internet Plus' strategy.
Despite fewer and fewer people living below the poverty line here in China, Chinese authorities are still facing siginficant challenges in their goal of lifting everyone in China above poverty levels by 2020.
Chinese vice premier Wang Yang on Monday stressed solid efforts be made to lift over 10 million people out of poverty in rural areas this year.
In China, most of the rural poor are concentrated in the western and central regions inhabited by ethnic minorities. But by developing tourism, local farmers in poverty-stricken areas have effectively improved their lives.
China on Wednesday announced favorable measures to develop tourism for rural areas in poverty.
China beat its annual target by lifting 12.4 million people out of poverty in 2016, official data showed Tuesday.
Jinggangshan, the heartland of the early revolutionary activities of the Communist Party of China (CPC) announced Sunday that it has been officially taken off the list of impoverished areas.
As the president of the most populous nation on the planet, poverty has never been an issue Xi Jinping could take lightly.