Experts call for narrowing of wealth gap
By WANG XIAOTIAN | China Daily | Updated: 2010-05-20 07:55
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A woman pushes her bicycle past a Gucci store in Shanghai. The Gini coefficient, a measure of income inequality commonly used by economists and institutions, reached 0.47 in China in 2005, overtaking the recognized warning level of 0.4, according to the World Bank. Kevin Lee / Bloomberg |
BEIJING - More practical measures are needed to curb the widening wealth gap in China as the country's income disparity continues to be a major source of public concern, experts said.
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