Report says residents ' income gap pulls big financial industry wages faster than GDP

The afternoon of December 28, the China Development Index (2010) Academic Seminar and Conference held at Renmin University.　　Liu Yuanchun, deputy dean of the Economic College of the People's Congress, said at the meeting that the income gap between the residents is widening, showing a rebound in the income gap in the industry, the urban interior distribution is unfair, and the initial distribution of injustice is a source of new characteristics. The financial industry is taking the place of the IT industry to lead the high-income population Liu Yuanchun in the "new factors of widening income gap" report, the industry's income distribution has begun to tilt towards High-tech industries and emerging industries.　　The IT industry led the entire high income group by 2006, but after 2006 it was the financial sector that led the whole process of change.　　Data from the national statistical database shows that the 2006 national financial industry average annual wage of 39280 yuan, less than 44763 yuan in the IT industry, and in 2007 years, the financial industry to 49435 Yuan ranked top of the income of various industries, more than the IT industry 49225 yuan.　　With the financial industry, it industry far ahead of the different, water Conservancy, environment, public facilities, residential services and other public service workers income is always low.　　At the same time, the reporter found that the wage distribution in all sectors of Beijing is also roughly the same, but significantly higher than the national data.　　Wage growth in the financial industry is much faster than GDP Liu Yuanchun in particular, the financial sector, due to its monopolistic and capital-intensive characteristics, has been growing at a much higher rate than GDP growth between 2003 and 2009.　　At the same time, in 2008, 2009 the entire financial industry in the wage level did not fluctuate, but a straight rise, Liu Yuanchun that this phenomenon is worthy of high concern.　　Reporters through the national statistical Database data found that 2005, accommodation, catering, public facilities management and other practitioners of the annual salary of less than 15,000 yuan, and the highest income in the IT industry has reached 40,000 yuan.　　By 2009, the average annual wage of these two categories of practitioners amounted to 21193 yuan and 24551 yuan, an increase of about 50% per cent from 4 years ago, with the highest income becoming a financial practitioner, with an average annual income of 70265 yuan, which was increased by more than 32228 yuan in 2005.　　The report notes that the industry's income gap has rebounded since 2008 and that the ratio between the highest and lowest industry income has fallen since the financial crisis, but the gap between the highest industry income and the average income has risen linearly. Experts suggest adjusting the wealth stock imminent Liu Yuanchun accepted the law late reporter interview, said the financial industry monopoly, capital-intensive, interest rate control and other factors to ensure that the industry Hanlaobaoshou.　　The total profit is high, the performance salary also will increase correspondingly, the industry wage income grows faster.　　Liu Yuanchun said that one of the factors that had a greater impact on the industry gap was monopolies, especially administrative monopolies, where manufacturing revenues remained low and sluggish, suggesting that there was an imbalance between productivity gains and income growth, and that distribution mechanisms were distorted. Liu YuanSpring thinks, "Water conservancy, environment, inhabitant service and so on public service industry worker's income is always low, indicating long-term to public services department attention insufficient." "The initial distribution of injustice and redistribution is the core source of income disparity." "Liu Yuanchun said," The distribution problem after 30 years of accumulation, has made a significant change in the mechanism of income gap, the wealth stock (past production and accumulation of wealth) has become the core of income gap, the adjustment of the wealth stock is imminent. "Liu Yuanchun suggested that" Twelve-Five "in addition to the flow distribution adjustment, but also involves the adjustment of the wealth stock. (Legal Evening News)