Recently, Nanning City released the third batch of special financial funds for poverty alleviation at the municipal level with the value totaling approximately 100 million yuan, focusing on supporting the poverty-alleviation work in 9 counties and districts. The special financial funds for poverty alleviation will be arranged and used independently by counties and districts based on their own poverty-alleviation and development plans, annual poverty-alleviation tasks and industrial development targets, so as to ensure that there is available money to conduct poverty-alleviation activities, that the poor people can truly shake off poverty, and that the weaknesses in poverty-stricken areas can be practically overcome.
It is reported that in recent years, Nanning City has been constantly increasing the special funds for poverty alleviation. In 2018, a total of 158 million yuan was invested in the construction of 266 projects in total for the first batch of characteristic industry demonstration parks in poverty-stricken villages of Nanning. Based on the premise that the municipal financial department continuously increases its support for the collective economy at the village level, Nanning City actively applies for the pilot project of supporting the development of village-level collective economy by the CPC Central Committee and the People’s Government of Guangxi Zhuang Autonomous Region, which provides a solid financial guarantee for self-development and stable growth of village-level collective economy in poverty-stricken villages.