China says it spends over one trillion yuan on poverty-stricken areas and relief projects annually.
The figures were released during a press conference on the sidelines of the ongoing Two Sessions.
Director of the country's top poverty relief agency, Liu Yongfu says massive programs are being carried out to channel financial support to those in need.
"We are implementing micro-credits for poverty relief, re-lending programs for poverty relief and financial bonds for poverty relief, and through these measures, over one trillion yuan are being provided annually to poverty-stricken areas and relief projects directly related to China's fight agai
