A grand gathering is held to mark the country's accomplishments in poverty alleviation and honor its model poverty fighters at the Great Hall of the People in Beijing, capital of China, Feb. 25, 2021. (Xinhua/Yan Yan)

PARTY, PEOPLE, POOLING RESOURCES, PRECISION

Summarizing China's experience in conquering poverty, Xi said the country has blazed a poverty reduction trail and formed an anti-poverty theory with Chinese characteristics.

He underlined the role of Party leadership, which has provided a "political and organizational guarantee" for China's poverty alleviation efforts.

Poverty relief work has been led by the centralized and unified leadership of the CPC with its 90 million members. Party chiefs at all levels were required to assume the primary responsibility for achieving the campaign's ambitious targets. Over 3 million public sector officials were sent from cities and towns to villages to fight poverty "on the front lines."

Funds were channeled to assist the fight. Nearly 1.6 trillion yuan (about 246 billion U.S. dollars) of fiscal funds have been invested into poverty alleviation over the past eight years.

China also leveraged the political advantage of its socialist system, which can bring together the needed resources to accomplish great tasks. This enabled massive programs, such as those pairing up better-off provinces with others in need to tackle poverty.

The country's strategy of targeted poverty alleviation was also highlighted.

Xi said poverty eradication is an important embodiment of the Party's fundamental purpose of "whole-heartedly serving the people."

"Ending poverty, improving people's well-being and realizing common prosperity are the essential requirements of socialism," Xi said.