How is China reducing income inequality?

In 2014, China unveiled its urbanization plan, which is also seen as a policy to moderate inequality. It aims to move approximately 100 million additional rural residents into urban areas by 2020, thereby reducing the urban-rural income gap.

What is urban/rural divide in China?

In China the urban-rural gap is codified through the hukou system of household registration. Some 60\% of the population are urban, but only 44\% hold an urban hukou. Those registered to live in villages are effectively barred from settling full-time in cities and sidelined at school.

Does China have a balanced urban system?

Despite China’s urban system being dominated by smaller settlements (towns of 20–50 thousand), the distribution across size categories appears to be somewhat balanced; this can be seen in a comparatively higher proportion of medium and intermediate sized cities.

Why are Chinese people moving to the cities?

“In China’s largest cities, for instance, it is often quoted that at least one out of every five persons is a migrant.” The other factors influencing migration of people from rural provincial areas to large cities are more employment, education, and business opportunities, and higher standard of living.

How is China addressing inequality?

Chinese officials have vowed address these inequalities, with President Xi Jinping stressing the need for “common prosperity” in a speech last week, and pledging to create “conditions that are more inclusive and fair” and to “adjust excessive incomes”.

Why does China have so much inequality?

According to research published in the China Economic Review, population aging is “largely responsible for the sharp increase in income inequality in rural China,” especially at the beginning of the 2000s.

How many Chinese live in rural areas?

That year, the country reached a total population of approximately 1.41 billion people. As of 2020, China was the most populous country in the world….Urban and rural population of China from 2010 to 2020 (in million inhabitants)

What is the ultimate goal of Chinese city development?

China has long been home to both some of the world’s tiniest villages and its most congested, polluted examples of urban sprawl. The ultimate goal of the government’s modernization plan is to fully integrate 70 percent of the country’s population, or roughly 900 million people, into city living by 2025.

Which three variables are used to define cities in China?

According to the SCMP exclusive on city-tiers, most factors used to define city-tiers fall within three macroeconomic categories: GDP, population, and politics. The cities are then allocated a tier – based on the average of these three factors.