This article describes and analyses the disparity in wealth distribution of Chinese residents, on the basis of results of sample surveys from 1995 to 2002. It finds an obvious worsening trend, mainly due to the rapid ...This article describes and analyses the disparity in wealth distribution of Chinese residents, on the basis of results of sample surveys from 1995 to 2002. It finds an obvious worsening trend, mainly due to the rapid widening of the urban-rural gap. The process of privatisation of urban housing has led to a narrowing of the wealth gap between urban residents, and has also led to a widening of the wealth gap between urban and rural residents, as well as the national wealth gap. As incomes from land decline, the relative weight of land value in rural residents＇ overall wealth possession has been decreasing and the role of land in narrowing the nation＇s urban-rural gap has been weakened. In addition, this article also holds that the financial assets of residents wiU play a greater role in enlarging the overall wealth distribution disparity.展开更多
文摘This article describes and analyses the disparity in wealth distribution of Chinese residents, on the basis of results of sample surveys from 1995 to 2002. It finds an obvious worsening trend, mainly due to the rapid widening of the urban-rural gap. The process of privatisation of urban housing has led to a narrowing of the wealth gap between urban residents, and has also led to a widening of the wealth gap between urban and rural residents, as well as the national wealth gap. As incomes from land decline, the relative weight of land value in rural residents＇ overall wealth possession has been decreasing and the role of land in narrowing the nation＇s urban-rural gap has been weakened. In addition, this article also holds that the financial assets of residents wiU play a greater role in enlarging the overall wealth distribution disparity.
