What is China s current Gini coefficient?

Updated on Financial 2024-03-02
14 answers
  1. Anonymous users2024-02-06

    The Gini coefficient of China's household income was in 2003, 2004, 2005, 2006, 2007 and 2008

    Year. Then it gradually fell back, in 2009, 2010, 2011, 2012, 2013.

  2. Anonymous users2024-02-05

    At present, China has become one of the countries with the largest gap between the rich and the poor in the world. The research results of all economists at home and abroad unanimously show that China's Gini coefficient has exceeded the internationally recognized warning line. According to a report by the World Bank, the Gini coefficient of Chinese society has expanded to; According to statistics from the United Nations Development Programme (UNDP), China's current Gini coefficient is that the poorest 20% of the population share only 50% of income or consumption, while the richest 20% of the population accounts for 50% of income or consumption. Data released by China's National Bureau of Statistics also show that the richest 10% of China's population accounts for 45% of the country's wealth, while the poorest 10% of the population holds only 10% of the country's wealth.

  3. Anonymous users2024-02-04

    The first answer seems to be that smart, is the data of 2010, people ask how much now, really speechless, withdraw a bunch of useless, by 2016 China's Gini coefficient has dropped, now it is not clear that the overall trend is declining, just saw the news a few days ago, China's Gini coefficient entered the world's top 50.

  4. Anonymous users2024-02-03

    What does the Chinese Gini coefficient mean?

  5. Anonymous users2024-02-02

    China University of Finance and Economics conducts extensive research and data analysis.

    The current Gini coefficient of China is obtained.

    For. Internationally, if a country's Gini coefficient is exceeded, then the gap between the rich and the poor of that country's residents has reached the warning line. In more than 200 countries and regions around the world.

    , only South Africa.

    The Gini coefficient of the four small countries is higher than that of China. And all four of them are politically turbulent countries. As a result, China is the only peaceful country in the world with a Gini coefficient exceeded.

    Why is there such a big gap between the rich and the poor in China? China is still in the process of rapid development. If you want to grow your economy quickly, you have to sacrifice fairness in favor of efficiency and capacity.

    And there must be differences in people's abilities, which leads to excessive income disparities. There are too few high-end industries with high added value in China. At present, most of China's industries are labor-intensive, and corporate profits are low, resulting in low wages for employees.

    Western developed countries.

    There are a large number of high value-added industries, and at the same time, a large number of high-paying jobs have been created and lost. Most of the average hourly wages in China are less than 20 yuan, while the lowest hourly wage in developed countries in the West is more than 100 yuan. Wages in China are low, but the income of China's high-income people is not much different from that of high-income people in the West.

    Western countries. The income of the population is normally distributed.

    However, the income of the Chinese population has changed off a cliff.

    China is a vast country, with a large population, and the development of different regions is extremely uneven. This has also caused a huge disparity in residents' income to a large extent. Housing prices are too high, and most of the residents' assets are real estate. The income gap between those who own a property and those who don't will widen as housing prices rise.

  6. Anonymous users2024-02-01

    Not in the top three. The Gini coefficient is a commonly used indicator to measure the income gap between residents in a country or region. Previously, China's Gini coefficient was exceeded, indicating that China's income gap is still large.

    However, through the efforts of China, our Gini coefficient has been declining for six consecutive years, and now the Gini coefficient is around. This shows that China's per capita income gap is not very large, but it is not very small and is at a medium level. As a result, China's Gini coefficient is not in the top three in the world, but at most in the top ten.

    Extended information: 1. Income Gini coefficient.

    Specifically, it refers to the proportion of the total income of the population that is used for unequal distribution. The Gini coefficient is equal to "0" at the maximum and "0" at the minimum. The former means that the income distribution among residents is absolutely uneven, that is, 100% of the income is occupied by all the people in one unit; The latter, on the other hand, means that the income distribution among residents is absolutely equal, that is, the income between people is completely equal without any difference.

    However, these two situations are only absolute forms in theory, and generally do not appear in practical life. Therefore, the actual value of the Gini coefficient can only be between 0 1, the smaller the Gini coefficient, the more evenly distributed income, and the larger the Gini coefficient, the more uneven the income distribution. Internationally, it is usually regarded as a warning line for the gap between the rich and the poor, and social unrest is likely to occur if it is greater than this value.

    2. Gini coefficient of wealth.

    In addition to the Income Gini coefficient, there is also a Wealth Gini system. The approximate algorithm is the same as the income Gini coefficient, except that the data of the income Gini coefficient is from the household income statistics of a certain region, and the data of the wealth Gini coefficient is from the statistics of total household assets of a certain region. The Gini coefficient is that the Gini coefficient of wealth is often significantly larger than the Gini coefficient of income, and its principle is easy to understand, wealth is the accumulation of income, so it is often more extreme.

    Note that the real allowance value of the Gini coefficient of wealth can only be between 0-1, but this does not mean that the sum of the assets of any part of the population is less than 100%, because there are some households with negative total assets, which is obvious: in most European countries, the top 80% already account for 100% of the wealth, in the United States, the bottom 14% have negative incomes, and the bottom 36% have zero incomes.

  7. Anonymous users2024-01-31

    <> the hail chain stool data of the World Source Travel Bank, the ranking of high calculations by expenditure.

  8. Anonymous users2024-01-30

    The reasons why China does not publish the Gini coefficient are as follows:

    1. The survey of China's residents' income is carried out separately, the survey of urban residents' disposable income, and the survey of rural residents' net income, the indicators are not exactly the same, and the basic data are separated, so there is no way to calculate the unified Gini coefficient of the whole country.

    2. In fact, the rural Gini coefficient has been released, and it was last year. The city's Gini coefficient is also scattered, only, realistically speaking, it must be low. The reason for the low level is that the household survey is a hierarchical extraction account, and the urban high-income class is reluctant to keep the account, and even if it does, I am afraid that some income will not be recorded.

    3. After the integration of urban and rural household surveys, there is still a problem that it is difficult for high-income earners to survey their income. On the one hand, it is necessary to continue to rely on bookkeeping, and on the other hand, to intensify direct investigations. There are also ways to adjust and revise the income data of high-income earners, using indicators such as housing as a reference.

    Gini coefficient:

    The Gini coefficient is an indicator of the fairness of income distribution defined by the American economist Albert Hirschman in 1943 based on the Laurenz curve. The Gini coefficient is a proportional value, between 0 and 1, which is an important analytical index used to comprehensively examine the difference in income distribution among residents.

    For too long, people have mistakenly assumed this metric under the name of Gini. But in 1964, Hirschman published a one-page clarifying text in AER under the title "The Patriarchal Authentication of an Indicator." From this we know that the Gini coefficient and the non-Gini invention was not re-invented by Huffendale, but by Hirschman.

  9. Anonymous users2024-01-29

    I believe that many friends know the Engel coefficient.

    If the Engel coefficient is high, then it means that the family's income is not very high, and all the expenses are in food. But compared to Engel's coefficient, the Gini coefficient.

    It is more accurate and is able to measure the income level of a family. Do you know what the Gini coefficient is? Is China's Gini coefficient in the top 3 in the world?

    An introduction to the Gini coefficient.

    In fact, the Gini coefficient is also transmitted from foreign countries, and it is used internationally, which means:A commonly used indicator to measure the income gap between residents of a country or region. Therefore, the maximum value of the Gini coefficient difference is 1 and the minimum value is 0, and the closer the Gini coefficient is to 0, the more equal the income distribution is. However, there is no international organization or textbook that gives the most appropriate Gini coefficient standard, but many people think that if the Gini coefficient is less, then the income of residents is higher than the average, which shows that the income of the people living in the circle is very good, and there is not much gap between the rich and the poor.

    So if we were to measure the income gap in a country, we could measure it with the Gini coefficient.

    Is China's Gini coefficient in the top 3 in the world?

    First of all, we need to understand what China's Gini coefficient is, and China's Gini coefficient has exceeded before, indicating that China's income gap is still very large. But passedChina**As a result, our Gini coefficient has dropped for 6 consecutive years, and today's Gini coefficient is about in between. It shows that China's per capita income gap is not very large, but it is not very small, and it is at a medium level of land consumption.

    Therefore, China's Gini coefficient is not in the top 3 in the world, at most in the top 10.

    Summary. Although China's Gini coefficient is still very large, we must believe in the efforts of the state, which has been committed to eliminating the income gap between residents, narrowing the gap between the rich and the poor, and making people's lives better. Therefore, with the efforts of the country, I believe that the people of China will definitely live better and better in the morning and live a happy life.

  10. Anonymous users2024-01-28

    The Gini coefficient is an indicator of household income disparity, with 0 being the best and 1 being the worst, and China is not ranked among the top three in the world.

  11. Anonymous users2024-01-27

    Yes, yes, China's Gini coefficient is the lowest in the world, and the gap between the rich and the poor is the smallest.

  12. Anonymous users2024-01-26

    The meaning of this word is an indicator of the income gap between residents, and yes, and China has been at a level for a long time.

  13. Anonymous users2024-01-25

    It's not just the Gini coefficient.

    All critical of capitalism.

    None of them are suitable for China, because China is a socialist country.

    The Gini coefficient is simply a measure of how discrete the data is, condensed into a number between 0 and 1. The Gini coefficient is suitable for measuring the degree of dispersion or inequality in a variety of data, including income inequality in China and the rest of the world. In principle, you measure the height distribution of all Chinese, even the Milky Way, with the Gini coefficient.

    The deslip mass distribution of all stars is also possible;

    Extended information: 1. The Gini coefficient is just a measure of the degree of data dispersion, which condenses the distribution of data into a number between 0 and 1; In this sense, the Gini coefficient is suitable for measuring the degree of dispersion or inequality of various data, including income inequality in China and the rest of the world. In principle, you can use the Gini coefficient to measure the height distribution of all Chinese, and even the mass distribution of all stars in the Milky Way;

    2. As one of the countless inequality indicators, the Gini coefficient has its own emphasis, which is more sensitive to the shift that occurs in the middle of the distribution, but less sensitive to the shift at the top and bottom, which partly explains why the Gini coefficient has remained relatively stable despite major economic and social changes in the past few years. Since it is only an inequality indicator, the Gini coefficient can only reflect one side of the distribution, and you cannot expect to use a number to comprehensively reflect a high-dimensional or even infinite-dimensional distribution; In the Chinese context, although the urban-rural income gap remains an important phenomenon, there is little reason why the Gini coefficient cannot be used to reflect income inequality in China as a whole.

    However, the Gini coefficient is an indivisible indicator, that is, as long as there is an overlap in the income gap between urban and rural households, 3. you cannot completely decompose the overall Gini coefficient into income inequality within cities, within rural areas, and between urban and rural areas. The problem is similar for high incomes; Like any other discrete inequality indicator, the Gini coefficient can only reflect one side of the distribution and therefore needs to be used in conjunction with other inequality indicators; The application of the Gini coefficient is definitely not limited to the income distribution of a country; Rather than dwelling on the Gini coefficient itself, more attention should be paid to the collection, collation, and publication of income data used to calculate the Gini coefficient, as well as the subsequent research and interpretation process.

  14. Anonymous users2024-01-24

    The Gini coefficient is a commonly used indicator to measure the income gap between residents in a country or region. However, there are many problems with the use of this indicatorOne isCountries with larger populations generally have a higher Gini coefficient, which is unfair to countries with large populations. The second isIt is not divided into urban and rural areas and regions, but due to the different resource endowments and market development levels of urban and rural areas or regions, the income opportunities themselves are different.

    The third is the Bu tribeThe Gini coefficient is difficult to express the disparity in assets. It reflects the disparity in income levels between people, and the return on assets is much greater than the income from labor. Four areIn reality, the same level of income does not mean that the standard of living is also the same, because it does not reflect the burden of living.

    For example, renting a house in a first-tier city may cost 70,000 or 80,000 yuan per year, while the rent of the same house, Suizao City, a small county, is only 20,000 or 30,000 yuan. Fifth, yesThe method of calculating the Gini coefficient varies greatly. Therefore, the Gini coefficient published by different institutions may be very different, and it is very controversial.

    Six isIt is difficult to calculate the Gini coefficient, sample type, and comprehensive collection.

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