The Connotation,Measures and Significance of Expanding Middle-Income Population
Expanding the middle-income population is an important goal for income distribution policy in China.Since the beginning of the new era,China's income distribution structure has gradually changed from a pyramid to an olive shape,with the proportion of the middle-income population increasing.Undeniably,however,the majority of China's population is still in the lower income bracket,and an olive-shaped social structure has not yet been fully formed.Expanding the middle-income population remains significant as ever,and is an important way to promote the development of the national economy and boost consumption.It is a necessary way to optimize the social structure and promote social stability,and is also indispensable to ensuring equal opportunities and promoting equal access to education.Given that it is a dynamic process,the balance between"raising those in the lower income bracket"and"maintaining those in the middle income bracket"needs to be taken into consideration,which means carrying out bracket-specific measures in order to make the policies more precise and effective.In the new era,expanding the middle-income population embodies coordination and sharing that is part of the new development philosophy,and is an inevitable requirement for building China into a great modern socialist country in all respects and realizing the great rejuvenation of the Chinese nation.
Middle-Income PopulationCommon ProsperityRaising Those in the Lower Income BracketMaintaining Those in the Middle BracketBracket-Specific Measures
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