Thoughts on unfair income distribution in China and countermeasures

With the deepening of the socialist market economy and the open policy, Chinese citizens' income has seen considerable increase whereby people's living standard has been tremendously improved. However, in spite of the overall income increase, the problem of unfair income distribution and even polarization between the rich and the poor has emerged, which is beginning to affect the nation's stable social and economic development. In this paper the problem and its reasons are analyzed and countermeasures for solving the problem is then proposed.