Caixin OnlinePolitics & LawTop Stories Politics Measuring the Width of the Wealth Gap
09.23.2013 17:14

Measuring the Width of the Wealth Gap

Closer examination of the differences between the incomes of the rich and the poor shows that benefits tend to flow more toward the affluent
By Wang Xiaolu
 

Recent findings by China Society of Economic Reform (CSER) have offered a rare glimpse into growing income inequality in the country.

The study shows that in 2011 unidentified "gray income," or the difference between CSER-surveyed income and that of the official household survey, totaled 6.2 trillion yuan, or 12 percent of GDP. The richest 10 percent of families had an annual income that was 21 times the lowest 10 percent, much higher than the official estimate of 8.6.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Rise and Fall of a Coal Boomtown


Issue 83
November, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Rise and Fall of a Coal Boomtown
Issue 83
11.01.2014

Subscribe       |       Newsletter        |        FAQ