However, the editorial admitted that "lifting the remaining poor out of poverty in China will be much more difficult" compared with the past.
"China's Gini coefficient, a measure of income distribution, rose from 33 in 1990 to 53 in 2013, while the Gini coefficient in India jumped from 45 in 1990 to 51 in 2013, according to another IMF report released in March 2016," the daily observed.
The Chinese daily said in India, cultural and political diversity "increase difficulties for unified policy implementation", hindering the progress of anti-poverty efforts - a fact which many India experts would agree.
"During the past three decades, China lifted 800 million people out of poverty, as for India, it obviously faces more difficulties in poverty reduction, with 30 per cent of its population living below the globally accepted poverty line of $1.90 a day," the daily said.
"Given the consensus that high levels of inequality can do harm to the sustainability of growth, both countries have made great efforts to alleviate poverty in recent years," the daily said.
However, the China daily added that "the key is which of them(China or India) can do more to reduce inequality and poverty".
"The outcome will also identify the ones that have more genuine potential for economic growth," the op-ed piece concluded.
The Chinese daily said in India, cultural and political diversity "increase difficulties for unified policy implementation". || The daily wrote in its op-ed piece that competition between China and India should not be just limited to the comparison of their GDP growth rates.