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China Daily Website

China to hone income distribution: CPC decision

Updated: 2013-11-15 20:01
( Xinhua)

BEIJING - China will enhance regulation of income secondary distribution through taxation, according to a key document of the Communist Party of China (CPC) publicized on Friday.

The country will meanwhile focus on increasing the share of work remuneration in primary distribution, the document said, explaining that information systems on personal income and property will be established among efforts to narrow income gaps between urban and rural areas, different regions and sectors.

China aims to bring about an income distribution pattern that is olivary in shape, according to the document.

The document was adopted by the four-day Third Plenary Session of the 18th CPC Central Committee upon its conclusion on Tuesday.

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