Translation Tag: redistribution of income and wealth
The CCP Politburo holds “collective study sessions” on a semi-regular basis, in which an outside academic or government expert leads a discussion on a selected topic. Such sessions can signal which issues the senior leadership considers to be important. The 19th collective study session of the 20th Central Committee Politburo was held on February 28, 2025 and was presided over by Xi Jinping. Xi delivered a speech emphasizing the need to shift China’s public safety governance model from “reactive response” to “proactive prevention,” which entails expanding community-based security forces, and resolving various conflicts at the local level.
A prominent scholar at the Chinese Academy of Social Sciences argues that addressing barriers to social mobility is key to curbing rising income inequality in China and avoiding the middle income trap. He promotes hukou reform as a potential remedy, advocating for a change in “the method where the supply of public goods treat[s] people differently based on household registration status.”