Translation Tag: redistribution of income and wealth
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The Household Registration System Is a Major Challenge in Crossing Over the Middle-income Trap
户籍制度是跨越中等收入陷阱的重大挑战
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.”