State Council Counselor Tang Min: China’s Gini Coefficient ranks among the top in the world, with higher income gaps

Summary

[Counselor Tang Min of the State Council: China’s Gini coefficient ranks among the top in the world, and the income gap is higher]On September 25, in the “Online Lecture Hall” of Wudaokou Cloud Classroom at Tsinghua University, Tang Min, counselor of the State Council, introduced that the higher the Gini coefficient, the lower the income gap. The Gini coefficient is between 0 and 1. In my country, the Gini coefficient was still around 0.389 in 1995, which was relatively low. After around 2000, the Gini coefficient rose rapidly. From 2008 to 2009, a series of policies were introduced, and the Gini coefficient has declined, but it is still flat. On the whole, China’s Gini coefficient used to be relatively low, but it has risen relatively rapidly in recent decades.

On September 25, in the “Online Lecture Hall” of Wudaokou Cloud Classroom at Tsinghua University, Tang Min, counselor of the State Council, introduced that the higher the Gini coefficient, the lower the income gap. Generally, the Gini coefficient is between 0 and 1. In my country, the Gini coefficient was still around 0.389 in 1995, which was relatively low. After around 2000, the Gini coefficient rose rapidly. From 2008 to 2009, a series of policies were introduced, and the Gini coefficient has declined, but it is still flat. On the whole, China’s Gini coefficient used to be relatively low, but it has risen relatively rapidly in recent decades.

From the perspective of the world, China’s Gini coefficient ranks higher in the world, and our income gap is relatively high in the world. It can also be seen that countries with relatively low income gaps, such as Germany, Japan, and Sweden, have low Gini coefficients, but their industries are also very developed and innovations are also very cutting-edge. That is to say, low Gini coefficients or low income distribution gaps are not Like many people worry, it will lead to insufficient investment and development motivation of enterprises.

(Source: Beijing Commercial Daily)

Article source: Beijing Commercial Daily

Editor in charge: DF062

Original Title: Tang Min, Counselor of the State Council: China’s Gini Coefficient ranks among the top in the world, and the income gap is relatively high