Difference between revisions of "Increasing income inequality in China"

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==Timing:==
==Timing:==
*1977-2006 - The absolute number of poor in rural areas declined by 91% in the last three decades, dropping from 250 million in 1977 to 21.5 million in 2006. [9]
*1977-2006 - The absolute number of poor in rural areas declined by 91% in the last three decades, dropping from 250 million in 1977 to 21.5 million in 2006. [9]

Revision as of 19:58, 31 May 2010

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Timing:

  • 1977-2006 - The absolute number of poor in rural areas declined by 91% in the last three decades, dropping from 250 million in 1977 to 21.5 million in 2006. [9]
  • 1990-2004 - The poverty ratio declined from 33% in 1990 to less than 10% in 2004. [9]
  • 2003 - President Hu Jintao is elected by the National People's Congress
  • 2004 - China's Gini coefficient hit 0.465 in 2004 [7]
  • 2006 - In 2006, the income of urban residents was 3.28 times that of their rural counterparts. China’s Gini coefficient, a measure of income disparity, is 0.44 (the closer the coefficient is to one, the higher the inequality) against the 0.10 prevailing before 1978.[9]

Web Resources:

  1. Qin, Cagas, Duncanes, He, & Liu. 2005. Income Disparity and Economic Growth: Evidence in China.
  2. Poon, A. 2007. China's Gini Coefficient and Market Economy
  3. People's Daily. 2002. China Urged to Heed Enlarging Income Disparity.
  4. http://www.xinhuanet.com/english/index.htm
  5. http://www.btmbeijing.com/contents/en/business/2005-09/focus/chinaamendtaxlaws
  6. BBC News. 2009. Country profile: China.
  7. China Economic Net. 2005. How to interpret Gini Coefficient in China
  8. South China Morning Post. 2001. Growing income disparity ‘threatening development’
  9. Wall Street Journal. 2007. Income disparities persist in China.


Revision History:

  1. "Elimination the gap between poor and rich in China" created by Btchoi2 on 16-11-2005
  2. "Renamed "Increasing income inequality in China" and updated by Johanna Little 18-09-2009