Home>News Center>China

Income gap critical by 2010, experts warn
By Fu Jing (China Daily)
Updated: 2005-08-22 05:58

China's growing income gap is likely to trigger social instability after 2010 if the government finds no effective solutions to end the disparity.

Income gap critical by 2010, experts warn
A woman yawns while selling vegetables at a market in Nanjing on January 12, 2005. [newsphoto]
An expert team at the Ministry of Labour and Social Security recently delivered the warning in a newly designed system detailing the populous country's statistics for income distribution.

Calling upon the government to keep alert over growing income disparities, the team found that the income gap in China has been expanding since 2003, despite some measures in place to increase income among those in poverty.

The team, headed by Su Hainan, president of the ministry's Income Research Institute, has used "blue-, green-, yellow- and red-lights" to predict income disparity trends. The yellow light warns the government to be alert and the red one means the disparity is totally unacceptable.

"Income disparity in China is in the yellow-light area now," the team warned. "We are going to hit the red-light scenario after 2010 if there are no effective solutions in the next few years.

Su's team found little reason to be optimistic about bridging the urban-rural income gap. Incomes in cities are growing at 8-9 per cent annually, while the rate in rural regions has averaged a year-on-year growth of 4-5 per cent.

   上一页 1 2 下一页  

Fire kills 5 in Northeast China
Aerobatics show in Hunan
Final rehearsal
  Today's Top News     Top China News

Australia, US, Japan praise China for Asia engagement



Banker: China doing its best on flexible yuan



Hopes high for oil pipeline deal



Possibilities of bird flu outbreaks reduced



Milosevic buried after emotional farewell



China considers trade contracts in India


  EU likely to impose tax on imports of Chinese shoes
  Bankers confident about future growth
  Curtain to be raised on Year of Russia
  Coal output set to reach record high of 2.5b tons
  WTO: China should reconsider currency plan
  China: Military buildup 'transparent'
  Go to Another Section  
  Story Tools  
  Related Stories  
Further reforms needed to close income gap
Experts call for redistribution of wealth
Study finds greater rich-poor gap among minorities in New York state
Commentary: Narrowing income gap top priority
Income gaps have to be closed
Closing farm-urban income gap 'top' goal
Closing farm-urban income gap 'top' goal
Income divide concerns stretching
Manufacturers, Exporters, Wholesalers - Global trade starts here.