Income gap widens alarmingly
(Xinhua)Updated: 2006-12-26 17:16
Nearly 90 percent of Chinese people think that the
wealth gap between the haves and the have-nots has widened to an alarming
degree, according to a recent survey jointly conducted by the China Youth Daily
and Sina.com.cn.
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Asked whether there is a clear divide between rich and poor in China, 59.1 percent of the polled ticked: "Yes".
But another 55.9 percent chose "The Chinese must pull together despite these divisions for the common good" or "We need to get rich together."
Jia Kang, director of the Fiscal Science Institute under the Ministry of Finance, has listed several reasons for the growing wealth gap, including individual effort and talent, opportunities, unfairness caused by existing systems such as monopolies in certain sectors, hidden rules granting privileges to the few and extra incomes derived from corruption.
"The government should encourage those who get rich legally, crack down on those who get fat on illegal money and rectify system flaws that distort income distribution," Jia said.
Wei Jianing, deputy director of the Macro-Economics Department of the Development Research Center under the State Council said the biggest gap existed between urban and rural residents.
Official figures show per capita income in urban and rural areas was 10,493 yuan (about 1,312 U.S. dollars) and 3,255 yuan (about 407 U.S. dollars) respectively last year, meaning the gap between them has grown from 4,493 yuan in 2001 to 7,238 yuan now.
The growing wealth gap is a byproduct of China's economic and social development. Since China started its reform and opening-up policy in the late 1970s, its economy has grown at a rapid rate and emerged as the fourth largest in the world.
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