Inadequate wage growth

For nearly two thirds of the time during the past three decades, when China saw nearly double-digit economic growth, the share of gross domestic product that went into paying wages unfortunately kept falling.

It was already no secret when a trade union official recently pointed out that the proportion of labor income had plunged by 20 percentage points between 1983 and 2005 to account for about one third of the economy.

As the country's Gini coefficient, a key measurement of inequality of wealth, has reportedly broken the international warning level of 0.4 to reach 0.47, it is imperative that Chinese policymakers pull out all stops to increase workers' payment quickly enough to help narrow the wealth gap.