Percentage population living on less than 1 dollar day
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established an extreme poverty relief fund with an initial 12.2 billion
yuan (US$1.81 billion) in capital from 51 state-owned enterprises,
including the State Development and Investment Corp and the State Grid.
That sum will eventually grow as as much as 100 billion yuan (US$14.8
billion), according to a statement from the State Council's State-owned
Assets Supervision and Administration Commission.
China pledged to lift 10 million people out of poverty every year from 2016