At its core, China's approach underscores the importance of coordinated policymaking, long-term planning, and a results-oriented governance system. by Maya Majueran In 2021, China declared a landmark achievement: the eradication of absolute poverty, following a decades-long effort that lifted around 800 million people out of destitution. By most estimates, this accounts for more than three-quarters of global poverty reduction over the past few decades.