The Chinese economy has grown rapidly since 1949. Economic growth was much faster during the reform period (from 1978) than in the pre-reform period. Economic success (especially during the reform period) has attracted increased interest among academic researchers and policy-makers. Along with its remarkable growth performance, China has experienced steadily increasing income inequality. The literature has identified that the coastal-inland development gap and the rural-urban divide are the main ingredients of overall inequality in China. According to Huang and Lao (2009), the urban to rural household per capita income ratio increased from 2.2 times in late 1980s to 3.2 times in 2004.
|Title of host publication||Economic and policy developments in East Asia|
|Place of Publication||Abington, Oxon|
|Publisher||Routledge, Taylor and Francis Group|
|Number of pages||14|
|Publication status||Published - 2015|