2011 China Remuneration Report: Residents' income as a percentage of national income does not rise and fall

Although the income of residents has gained double-digit growth, it still bottoms out in the national economy. On September 14th, the 2011 China Salary Report released by the Labor and Social Welfare Institute of the Ministry of Human Resources and Social Security at the 7th New Manpower Forum showed that last year, the income growth of Chinese residents was far lower than that of fiscal revenue and corporate income, resulting in the income of residents. The relative proportion of national income does not rise and fall. According to the National Bureau of Statistics, in 2011, the per capita disposable income of urban residents in China increased by 14.1% over the previous year. After deducting the price factor, the actual increase was 8.4%, which was lower than the GDP growth rate by 0.8 percentage points. The report quoted the statistics of the Bureau of Statistics. Last year, China’s public finance revenue was 10.37 trillion yuan, an increase of 24.8%. The increase was 1.76 times the nominal increase in per capita disposable income of urban residents and 1.39 times the nominal increase in per capita net income of rural residents. The income growth rate is about 20%, which is also much higher than the income of residents. Ma Xiaoli, a researcher at the Labor and Social Welfare Institute of the Ministry of Human Resources and Social Security, said that the reform of income distribution is seriously lagging behind, which is an important factor causing slower income growth for residents. "China's policy measures for income distribution are not scientific. On the one hand, it emphasizes the need to increase the proportion of household income to national income and the proportion of labor compensation to the initial distribution. On the other hand, it emphasizes the excessive pressure on labor costs. China's competitiveness and enterprise development, and proposed to effectively control the excessive growth of labor costs." Ma Xiaoli said. The low income growth of residents will inevitably lead to a further widening of the social income gap. At present, the Gini coefficient reflecting the social income gap has approached the warning line of 0.5. From the perspective of social strata, 10% of the households with the highest income in China are 65 times the per capita income of 10% of households with the lowest income. The report believes that the unreasonable and uneven income distribution in the past year has not been fundamentally reversed. To a certain extent, it has become a bottleneck restricting China's economic and social development. It will also affect the further economic upgrading and social transformation. The wage system reform should be accelerated. Income distribution reform. Li Hao, chairman and president of Yicai Group, said that in addition to the gap between the industries, the overall trend of rising labor costs will continue in the future, especially the cost of high-end talent will not be reduced. Affected by the global economic downturn, many companies have reduced their production accordingly. Li Hao told reporters that the number of companies that have been reduced in the past two years has increased, mostly for consumer goods companies, factories and small and medium enterprises. Li Hao believes that the increase in labor costs will force enterprises to consider industrial upgrading and innovation. In 2012, both corporate profits and fiscal revenue growth declined, seriously affecting the basis of income distribution reform. The income distribution relationship that could not be resolved during the period of rapid economic growth will in turn affect the economic growth. "The country and enterprises take away the bulk of the income, and the income of the workers will continue to decrease, so that they cannot be included in the track of benign consumption. The production, exchange, distribution, and consumption of social reproduction will break, and the economy will run. There must be a crisis." Ma Xiaolin told reporters.

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