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The rich have a role at two sessions

By Gao Zhikai | China Daily | Updated: 2015-03-13 09:29

Should or should not more rich people attend the annual sessions of the National People's Congress and the Chinese People's Political Consultative Conference National Committee is a difficult question.

This year's Hurun Report, which monitors the fortunes of China's rich, says a record 203 of the 1,271 wealthiest Chinese - that is, one in every six - are delegates to the NPC or members of the CPPCC National Committee. Their number has increased from 155 last year, and the cumulative wealth of the 36 richest is about 1.2 trillion yuan ($191 billion), which is higher than Vietnam's GDP.

Many people are worried that the growing involvement of the super rich in the two sessions will further widen the wealth gap and increase social inequality. In fact, such a trend reflects China's economic development.

The rich have a role at two sessions

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