Premier Wen vows to deepen China's reform on income distribution system (2)

21:52, April 01, 2010      

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He pledged the government would gradually increase the proportion of income individuals received from the distribution of national income, as well as the proportion of the primary distribution of income that went to wages and salaries.

The role of taxation policies in adjusting the distribution of income should be strengthened, and the tax burden for low and medium-income people should be alleviated.

He said the government would deepen the reform of income distribution system of monopoly industries, and set strict standards for the income of executives, especially senior ranks, in state-owned enterprises and financial institutions.

Wen also vowed to crack down on and ban illegal income, regulate off-the-books income, gradually form a transparent, fair and rational pattern of income distribution, and resolutely reverse the widening income gap.

He promised to guarantee a minimal living standard for low-income people in urban and rural areas and continue the government's poverty alleviation programs in the countryside.

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