Since the implementation of the reform and open-up policies, profound historical changes have taken place in China s personal income distribution system, resulting in a rapid growth of productivity and obvious improvement in the living standard of the Chinese people. In recent years, however, defects of the personal income distribution system have become apparent during the institutional transition process. Problems such as leasing of power, erosion of wages for profits, sharp disparity of the rich and the poor are becoming increasingly serious. To achieve the bell-shaped normal distribution of personal income that is both efficient and fair we should promote better and faster economic growth, further and perfect the reform of personal income distribution system and related economic systems, strengthen construction of the legal institution, build up an ethos of honesty and moral integrity within the Party and among government employees, and continuously consolidate and develop the socialist public economy.
|Translated title of the contribution||Major Problems in the Current Personal Income Distribution System of China and Countermeasures|
|Original language||Chinese (Simplified)|
|Number of pages||8|
|Publication status||Published - 2010|
- income distribution