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Statement by Ambassador Zhang Yishan,Deputy Permanent Representative of the People's Republic of China to the United Nations on Item 89: "Implementation of the first United Nations Decade for the Eradication of Poverty (1997-2006)"at the 57th Session of the General
(30 October 2002)

2002/10/30
Mr. Chairman,

At the outset, I would like to thank the Secretary-General for his comprehensive report submitted on this item and to the Secretariat for its introduction. The Chinese delegation associates itself with the statement made by Venezuela on behalf of the Group of 77 and China.

In recent years, poverty eradication has become an issue of universal concern by the international community. A time bound target on poverty reduction has been set out in the "Millennium Declaration". Both the International Conference on Financing for Development (ICFD) and the World Summit on Sustainable Development (WSSD) held this year put the eradication of poverty as a priority in future work. It is therefore of particular importance that the Second Committee now considers this issue. Facts prove that prolonged poverty and under-development is one of the main root causes to many serious international problems, such as armed conflicts, social upheaval, HIV/AIDS pandemic, humanitarian crises and terrorism.  According to the World Bank's statistics, 1.2 billion of the world's population is still living on less than one dollar per day. Asia is still home to the largest population of poor. Meanwhile, the situation in Sub-Saharan Africa is particular disturbing. The international community, therefore, has a long way to go in achieving its objective of poverty reduction as presented in the "Millennium Declaration".


Mr. Chairman,

We believe that eradication of poverty ultimately depends on development. It not only requires the developing countries to choose a way of development according to their own specific circumstances and to implement their own tailor-made development strategies, but also requires strong support and cooperation from the international community. In this connection, I would like to stress the following two points:

First, concrete actions should be taken to meet the needs of financial resources for poverty eradication. According to the studies by the World Bank, an additional 40 to 60 billion dollars of Official Development Assistance (ODA) should be available in order to achieve the Millennium development goals, including the goal on poverty reduction. However, the present available financial resources are far from the amount that is required. As a Chinese saying says, "Even a good housewife is unable to cook a rice meal without rice." Any well-designed policies and development strategies a