IIPT International Town of Peace, Danzhai Wanda in Southwest China’s Guizhou province was recently included in the global solicitation of best poverty reduction practices on the Global Poverty Reduction & Inclusive Growth (GPIG) Portal.
Danzhai Wanda Village was a project signed between Wanda Group and Danzhai county in 2014, which boasted an innovative with a targeted poverty alleviation model that invites company to participate in the project.
Various projects totaling 2.1 billion yuan ($298.38 million) were invested in Danzhai Wanda Village, including 300 million yuan for establishing vocational colleges, 1.3 billion yuan for developing the tourism town, and 500 million yuan of an industrial poverty alleviation fund.
Over the past four years, Danzhai Wanda Village contributed 270 million yuan in tax revenue and helped lift 56,500 people out of poverty. In 2019, Danzhai was officially removed from the impoverished county list, two years ahead of schedule.
Initiated by the World Bank, the Food and Agriculture Organization of the United Nations, the World Food Program, the Asian Development Bank, and the International Poverty Reduction Center in China, the solicitation aims to share successful practices in global poverty reduction based on case studies.
The solicitation required cases that have demonstrated strong poverty reduction results, which are adaptable to other areas, environmentally friendly, includes participation from partners, as well as focuses on the protection of disadvantaged groups like women and children. It received 820 poverty reduction practices from around 30 countries, 110 of which are included on GPIG.
