Author: senoritazhao

Why narrowing the income gap is China’s priority? [Copy link] 中文

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Post time 2017-9-6 00:53:14 |Display all floors
China's challenge may be that while pulling that 70+ million out of poverty, the rich keep getting richer, when simultaenously unemployment, unmarriagebility, and generally unplaceability (pardon for possibly inventing English words) to the society create another dimension of poverty. Problems that didn't and couldn't exist for past Chinese generations.

And however politically incorrect this may sound, China's efforts in reducing poverty may be shadowed by nature's own methods. Many of the poor are older generation, and may be buried before state's efforts pick them up.

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Post time 2017-9-12 12:14:14 |Display all floors
Nonetheless, one thing at a time. First, pull as many of the seventy million up. Meanwhile, make sure those who have come up can continue to help drive supply and demand. Next, develop new industries and markets that will drive more exports and imports. When that is happening well and brimming with activity, return to the other social issues arising from gaps and disparities, whether material or cultural. Just as now is the time to consider healing the environment after years of catch-up, it will take time, agenda, will and allocations to do the same about cultural issues. We are not talking about a few million but over one billion here. So reforms by central control to create balance is important. Nation building and social transformation are dynamics for which the calculus of balance must be rolled out carefully and supported strongly. And President Xi has already called for that support for more inclusive growth. See his big picture, for one who knows firsthand about the deprivations of the poor.  Unlike the armchair critics and mischief-makers in the west, even some here.

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