POVERTY is a state that can last indefinitely.A sound,stable,and long-term mechanism is therefore necessary to end it.Such a mechanism decides the process and outcome of the fight against poverty,and is critical for the realization of China’s post-2020 goal of sustainable development in poor areas and reduction of relative poverty.It also lays the foundation for realizing the country’s second centenary goal – building a modern socialist country that is prosperous,strong,democratic,culturally advanced,and harmonious by 2049.