This paper evaluates the effectiveness of China's poverty alleviation policy. Using the "template qualitative analysis" procedure and the quantitative evaluation indicators of the "evaluation research" method, this study finds that the "comprehensive victory in the fight against poverty" announced by Xi Jinping in February 2021 is not quite factual. A total of 182,457 characters found in the "No. 1 Document" over the past 18 years were employed as analytical material. Moreover, these texts were categorized as templates for the "4 poverty alleviation goals" disclosed by academic circles. Qualitative analysis reveals a tendency for "haste toward the trivialities and neglect of the fundamental" in China's poverty alleviation policy. On the other hand, the quantitative evaluation shows that although the disposable income of farmers has grown, it is still much lower than the national average. China's lower absolute poverty line standards than those adopted by the World Bank signify that the fight against poverty has fallen short. In conclusion, China's continuously rising Gini coefficient and the urban-rural disparity in past 30 years show that the CCP's founding ideals of liberating the poor, launched a century ago, were "never easy to uphold." Whether the current "common prosperity" policy will rectify that trend remains to be seen.