Study on Imbalance Development of China’s Economic Growth and Income Distribution

• Main Author: Zhenjia Zhang
• Format: Article
• Language: English
• Published: EDP Sciences 2014-05-01
• Series: SHS Web of Conferences
• Subjects: economy development; income distribution; imbalance development
• Online Access: http://dx.doi.org/10.1051/shsconf/20140701003

In the past 30 years, China’s economy has scored remarkable achievements named as a miracle of economic growth. During that period, income levels and wealth of Chinese people have been a huge increase and improvement. At the same time, we cannot deny the fact that economic growth and uneven income distribution is a developing trend: increasing people’s income growth rate is lower than the growth rate of gross national income; income distribution abnormalities, and the gap between the poor and rich is widened. With statistical data, this thesis tries to reveal the typical fact of China’s rapid economic growth since 1978 first, then discussing the status of distribution of income and degree of abnormal development. Finally, this thesis puts forward some countermeasures.