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Already there ... but still a long way to go

By Andrew Moody and Hu Haiyan | China Daily | Updated: 2014-09-01 06:44

Fan Xiaojun, bureau chief of National Development and Reform Commission in Wuxi Binhu district, could be regarded as being in a happy position.

If the Chinese government acts to set a target of reaching high-income status by 2020 in the next Five-Year Plan (2016-20), as many now expect, his district will already have achieved that goal.

By the World Bank's current definition, Wuxi Binhu became a high-income economy three years ago.

Already there ... but still a long way to go

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