BEIJING, Feb. 28 (Xinhua) -- China's history-making success in poverty alleviation has gone beyond established anti-poverty theories and can provide fresh perspectives and experiences for the global fight against poverty, said a research paper released on Sunday.

The poverty reduction miracle has given birth to a new field of study, according to the report titled "Chinese Poverty Alleviation Studies: A Political Economy Perspective" released by New China Research, the think tank of Xinhua News Agency.

The report, drawing on Chinese President Xi Jinping's discourses on poverty alleviation as the ideological and theoretical foundations, decodes the "winning formula" in China's anti-poverty fight, explores the rationale behind the fight and discusses its global implications.

"Based on our national conditions and following the law of poverty reduction, China has adopted a series of extraordinary policies and measures and constructed a whole set of systems covering policy, work and institutions, blazing a poverty reduction path and forming an anti-poverty theory with Chinese characteristics," it cited Xi as saying.

The report summarized Xi's discourses on poverty alleviation as "seven upholds": upholding the leadership of the Communist Party of China (CPC), a people-centric approach, joint actions to tackle challenges, a strategy for precision, self-reliance, shared development, and a realistic and pragmatic approach.

THE "WINNING FORMULA"

Over the past eight years, China's final 98.99 million impoverished rural residents living under the current poverty line have all been lifted out of poverty. The country has met the poverty eradication target set in the United Nations' 2030 Agenda for Sustainable Development 10 years ahead of schedule.

A "winning formula" in China's poverty alleviation efforts was holding onto positive dialectical thinking and improving the pro-poor market mechanism under the guidance of the government, said the report.

In China, the "burden" of poverty has been turned into a source of potential, and human and natural resources in poor areas have become a means to achieve common development and prosperity, it said.

By capitalizing on local natural resources, many poverty-stricken areas have developed various businesses and subsequently boosted local economic growth and created job opportunities, the report finds.

From a political economy perspective, a key approach of China's poverty reduction is to maintain the goal of national common prosperity by building a "pro-poor market" in which the government, market and society jointly work to emancipate the productivity of the poor and make them contributors to growth.

In precise poverty alleviation, the "visible hand" of a capable government is not a "restless hand" but an essential "enabling hand," the report said, noting that an effective pro-poor market is not a distortion of the market, but a reconstruction of the market.

Private enterprises, social organizations, and individual citizens are the three new forces of poverty alleviation work in China, while wealthy locals, migrant workers and businessmen, and college graduates from poor areas in China have also played significant roles, the report noted.

POWERFUL CULTURAL DRIVE

Throughout China's poverty fight runs the Chinese traditional culture of helping the poor and those in need, as well as a "world sentiment" that calls for the building of a community with a shared future for humanity, according to the report.

Throughout the 5,000-year history of Chinese civilization, the idea of common prosperity has been regarded as a quality of an ideal society, it said.

China is not only a modern success, but also an outstanding ancient civilization. China must build its future without abandoning its past, observes Amartya Sen, the Nobel laureate in economics.

The report stressed that China's poverty-alleviation experience and programs, based on practice and extensive international exchanges, have not only advanced poverty alleviation and development theories, but also reflected a "world sentiment" of building a community with a shared future for humanity.

Such a "world sentiment" has long been an important value for China to follow in promoting the cause of global poverty alleviation. China is committed to reaching out to others and helping the world.

This "global view," which transcends ideology, the nation-state and political parties, is a "Chinese proposal" for promoting the cause of poverty reduction in the world, it said.

IMPLICATIONS FOR THE WORLD

Calling China a "learner, beneficiary and innovator of global poverty alleviation theories," the report summarized foreign experts' views of Chinese inspirations for the world as "5Ds:" Determined Leadership, Detailed Blueprint, Development Oriented, Data-based Governance and Decentralized Delivery.

"There is no doubt that poverty alleviation is a vivid manifestation of the leadership of the CPC," the report highlighted the top leader's determined will, which creates a strong national will and drives the allocation of resources, as well as the leadership of the 91-million-member CPC.

With the common goal of eradicating absolute poverty, several generations of Chinese leaderships have drawn strategic blueprints and led the nation in successive struggles, which ensured policy continuity and spurred the entire country to work together toward a unified goal.

Meanwhile, China has long prioritized economic development in its poverty fight, which is combined with proactive, precise poverty reduction practices that directly pass on the benefits of economic development to every poor household and eliminate poverty completely.

In the fight against poverty, the Chinese government has also attached particular importance to the development of big data and the digital economy and emphasized the application of advanced digital management, which made China's poverty alleviation success possible in a relatively short period of time.

Last but not least, the report attributed the effective implementation of poverty alleviation policies to the "decentralized" nature of China's governance structure, featuring many improvisations at subnational levels to implement national policies.

Besides experience sharing, China has committed itself to the global combat against absolute poverty by participating in assistance programs, supporting "capacity development" projects and advocating a shared-solutions approach, according to the report.

"China, based on its own experience and theoretical ideas in poverty alleviation, is giving back to the human cause of ending poverty and providing a new reference for other countries and regions," it said.