ABSTRACT

This paper reviews the development and evolution of China’s financial policies for poverty alleviation since the reform and opening up 40 years ago, introduces and analyses the main methods, and holds that finance plays an increasingly important role in China’s poverty alleviation. This trend is consistent with China’s transformation from a planned to a market economic system, and it is also an important part of China’s financial system reform. It provides important support for the implementation of China’s development-oriented poverty alleviation strategy. The policies and methods continue to develop with China’s economic development and poverty alleviation practice. China not only paid attention to solving the financing problems of poor families but also paid attention to the role of industrial and regional economic development. China paid attention to both the improvement of material conditions and institutional development policies conducive to the poor. These policies not only focus on the causes that directly lead to poverty but also on the environmental factors and basic conditions. These policies not only referred to specific and direct poverty alleviation intervention but also to the construction of an all-around, systematic and comprehensive inclusive financial system.