Four Decades of China’s Income Distribution Reform

2.1IncomeGapsbeforeReformandOpening-upin1978UponthefoundingofthePeople’sRepublicofChinain1949,hugeincomegapsexistedinChina.Accordingtoastudy,China’sGinicoefficientin1953was0.558[2].Initiallyafterthenewgovernmenttookovertheeconomy,China’seconomi...