This book aims to explain and explore the distribution mechanism adopted by China, which prioritizes distribution according to performance while taking factors of production into consideration. This mechanism is designed in the context of current market-oriented economy, but it also leads to problems such as the widening income gap among the citizens. Besides serving for economic growth, the authors proposed balancing the interests through policies among different groups as one of the key role for distribution system, which may slow down or even stop the trend of widening income gap. And the authors also provided possible measures for this purpose.
Changhong Pei, professor of Chinese Academy of Social Sciences (CASS), former Director-General of the Institute of Economics of CASS, member of the Academic Committee of the University of CASS, member of the National Committee of the 12th CPPC.
He joined the working group for drafting the Report of Governmental Works in the past. Currently he is a member of Evaluation Group of Theoretical Economies of the 7th Degree Committee under the State Council, and policy consulting member for the Ministry of Commerce, and policy consulting member for Beijing Municipal Government and consulting member of China’s Standardization committee under National Administration of Quality and Technology.
He has long been engaged in the research on political economies and China’s open economy fields. His representative works include: 60-years of China’s Foreign Trade, China’s Open Economy in Post-crisis Era. His typical essays include: Global Economy Governance, Public Goods and China’s Opening Up, Quantitative Estimation of Public Ownership’s Dominant Position and its Development Trend in China, etc.
Zhen Wang, research fellow of Institute of Economics, CASS , director of Microeconomics Research Department, Institute of Economics, CASS. His main research topics include urbanization and population mobility, income distribution, social security, health care, long-term care, social services, social governance and so on. More than Five related books have been published. Inclusive Development and the Choice of Social Equity Policy won the 16th Sun Yefang Prize in Economic Science. The main research results were published in Economic Research Journal, Chinese Journal of Population Sciences,Economic Perspectives, etc.
Jingfang Sun is an associate research fellow at the Institute of Economics,CASS. She graduated from the Graduate School of CASS in 2012 with a PhD in Economics. Her main research fields are development economics, labor economics and income distribution. The main research results were published in Economic Perspectives and Studies in Labor Economics.
