Scale Measurement and Expansion Strategies of Middle-income Group
To successfully transition into a developed economy,a country must not only consider economic factors but also establish an olive-shaped social structure dominated by the middle-income group(or the middle class).In such a social structure,the middle-income group,with stable employment and income,forms the primary force driving social consumption and expanding market demand,and serves as a significant pillar supporting technological progress.As a rational group,they are also the main stratum advancing the modernization of national governance systems and capabilities.More importantly,this group acts as a safety barrier and buffer zone between the lower and upper social classes,positively regulating social relations between the low-income and high-income groups.Calculations using various methods indicate that the current size of the middle-income population in China is relatively small,lacking sufficient support for the construction of an olive-shaped social structure.The primary reasons include the continuing slowdown in the growth rate of the population's income,the irrational structure of the distribution of national income,the excessive income gap between different groups,and the insufficient role of social security in covering the bottom line;at the same time,the premature and rapid substitution of capital and technology by the transformation of the industrial structure,the premature and rapid slowdown of the process of urbanization,and the pressure on the cost-of-living expenditures have also imposed constraints on the growth of low-and middle-income earners.Additionally,the development and growth of the middle-income group has also been affected by inadequate institutional provision.Strategic measures must be implemented,along with targeted policies,to support the stable growth of the middle-income group and create fundamental conditions for constructing an olive-shaped social structure.
middle-income groupolive-shaped social structureincome distribution system