China Narrows Inequality Between Rich and PoorThe increase in inequality in China has leveled off in recent years and could be less severe than previously thought, the Organization for Economic Cooperation and Development says, suggesting that Beijing is starting to make progress in tackling one of its biggest social problems.
The OECD, in its economic survey of China published Tuesday, said more welfare spending in rural areas and increased migration to cities helped to arrest a widening of the income gap. The Paris-based organization urged China to lower what is still a fairly high level of inequality by further boosting social programs and eliminating discrimination against rural residents.
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