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chinadaily.com.cn 2021-04-07 16:29

Xu Lin, deputy head of the Publicity Department of the CPC Central Committee and minister of the State Council Information Office, displays the white paper titled "Poverty Alleviation: China's Experience and Contribution" at a news conference in Beijing on Tuesday. [Photo provided to China Daily]

>White paper on poverty alleviation

China's State Council Information Office on Tuesday issued a white paper titled, "Poverty Alleviation: China's Experience and Contribution". The white paper was issued to record the course of the Chinese people's great fight in eliminating extreme poverty, introduce China's approach, and share its experience and actions in poverty alleviation.

Besides the preface and conclusion, the white paper consists of five parts: "The Solemn Commitment of the CPC," "Final Victory in the Fight against Extreme Poverty," "The Strategy of Targeted Poverty Alleviation," "Exploring a New Path in Poverty Alleviation" and "A Global Community of a Shared Future Free from Poverty."

Noting that this year marks the 100th anniversary of the founding of the Communist Party of China, the white paper said the Party has united and led the Chinese people in the battle against poverty with unwavering faith and will over the past century.

China is home to nearly one-fifth of the world's population and its complete eradication of extreme poverty is a milestone in the history of the Chinese nation and the history of humankind, it said.

China's experience in poverty alleviation indicates that courage, vision, a sense of responsibility, and the eagerness to take on challenges are the most essential, according to the white paper.

Descendents of Chen Zigang, a Red Army martyr, visits his tomb at a cemetery for martyrs from Sichuan-Shaanxi Revolutionary Base in Tongjiang, Sichuan province, April 3, 2021. [Photo/Xinhua]

>Over 7M mourn deceased online

About 7.38 million people in China opted to pay their respects to the deceased through online channels during the three-day Tomb-sweeping Day holiday, the Ministry of Civil Affairs said Monday.

On Tomb-sweeping Day on Sunday, a total of 1,308 online memorial platforms received 3.78 million visits, statistics by the ministry showed.

Meanwhile, cemeteries and memorial venues across the country saw 67.73 million visits from the public during the holiday, with 35.27 million visits taking place on Tomb-sweeping Day alone, according to the ministry.

The ministry expects mourning activities to continue for some time after the holiday, and reminded the public of safety and health issues when attending such activities.

Police officers stand in formation during a standoff with demonstrators in front of the Public Safety Building on September 7, 2020 in Rochester, New York. [Photo/Agencies]

>US bankruptcies increased

US bankruptcies surged in March to the highest level in a year, driven by a 41 percent jump in month-to-month filings by consumers, data firm Epiq AACER reported on Monday.
数据公司Epiq AACER4月5日公布的最新报告显示,3月份美国个人申请破产的数量激增41%,是一年来的最高水平。

Overall commercial filings also increased, though the Chapter 11 bankruptcy used by larger companies fell, the firm said.

US bankruptcies had declined through much of the pandemic year, a fact Epiq AACER officials suspected was just a delay in filings due to the flow of fiscal support to consumers or even courthouse closures during the peak of the pandemic.

That may now be reversing.

All noncommercial filings increased by nearly 12,000 in March to just over 41,000, the company reported.

With vaccines being distributed and the economy recovering, bankruptcies also might return closer to the pre-pandemic trend, said Epiq AACER Senior Vice-President Chris Kruse.

Robert Mundell [Photo/China Daily]

>'Father of the euro' dies at 88

Robert Mundell, the Nobel Prize-winning economist considered to be the "father of the euro" currency, has died in Italy at the age of 88, according to reports from Italian news agency Ansa and other major local media.

Mundell won the Nobel Memorial Prize in Economic Sciences in 1999 for what the Nobel Committee referred to as "his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas."

Mundell is best known for laying the groundwork for the euro starting in the 1960s, publishing articles that created the foundation for the European Economic and Monetary Union, the legal and economic framework that the euro currency is based on.

According to a profile on Mundell by the International Monetary Fund, the economist was "a pioneer of modern international economics" who "developed the modern theory of optimal currency areas, and many observers include him among the fathers of the euro."

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