CCTV.com - CNTV English - CCTV News

China to take further steps to address income disparities: Premier Wen

03-14-2012 14:39 BJT Special Report:2012 NPC & CPPCC Sessions |

BEIJING, March 14 (Xinhua) -- Premier Wen Jiabao said Wednesday the government will take further steps to address the problem of income disparities.

Wen told a press conference that the government will continue to increase the income of urban and rural residents, raise the minimum wage levels so that people's income will be able to rise in line with economic growth and increase in productivity.

Chinese Premier Wen Jiabao speaks during a press conference after the closing meeting of
the Fifth Session of the 11th National People's Congress (NPC) at the Great Hall of the
People in Beijing, capital of China, March 14, 2012. (Xinhua/Chen Jianli)

He said the government will make adjustment to income distribution, further regulate the income of high-income groups, in particular the pay and bonuses of senior managers of state-owned enterprises and state-owned financial institutions, while raising the proportion of middle-income groups.

He also vowed to further improve the social security system, protect lawful incomes and ban illegal incomes.

To promote income equality, Wen said, the government must create equal conditions for all in terms of education, employment and starting one's own business so that all people will be able to get started from the same starting line.

"We must pay close attention to the well-being of the vulnerable groups," Wen said, adding he believes if the living conditions of those people can be improved, China will improve the living standard of all people as a whole.

He added the government must also continue reform in the fiscal system and income distribution system, so as to push forward the institutional arrangement for the country to achieve the goal of common prosperity.

Editor:Wang Lingfei |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program