In the 1980s, personal income growth (rural and urban combined) outpaced GDP growth, meaning Chinese people captured a larger share of growth, and the Gini coefficient initially declined—the only period in the reform era with this outcome.
factualpending
Speaker
Yasheng HuangEvidence Quote
“personal income growth outpaced the GDP growth right so the essentially the household income rural household income Urban household income grew at lower rate as compared with rural household income but combined the two they grew faster than the GDP”
Source
Critical Issues Confronting China - Professor Yasheng Huang - November 29, 2023— Fairbank Center for Chinese Studies | Harvard UniversityCreated: 8/11/2026, 1:31:52 AM
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