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A Big Gap Between Rich And Poor

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Uploaded on Dec 8, 2011

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In recent years, the income gap in mainland China
has continued to show a trend of expansion.
Guangzhou Society And Public Opinion Research Center did a
survey in Beijing, Shanghai and Guangzhou.
The results showed that living in the three cities presents
a picture of polarization, and people's satisfaction at root level was less than 20%.
Economists have said that since the Chinese Communist Party
(CCP) came to power;
China has not formed a middle class,
so the gap between rich and poor is inevitable.

Last month, Guangzhou Society And Public Opinion Research
Center conducted telephone interviews on 2,001 citizens
in Beijing, Shanghai and Guangzhou, the topics involved
basic life experience, personal relationship feelings,
social participation feelings, life service experience, value of
life experience, in all seven categories and 23 indicators.
Income levels determine individual satisfaction.
The results showed that low income people are not
more satisfied in 'individual housing', 'personal income',
and 'social security and welfare'.

Economist Xie Tian said that in China today, inflation is serious.

Real estate prices, health care, and education costs are rising,
the quality of people's living is getting lower and lower.

Xie: "In the past, the CCP used land as a bait to mobilize
farmers and seize power violently.
After the Chinese Communist regime was established,
the CCP transformed capitalist industry and commerce, and made them both state-owned.
In Agricultural Co-operatives,
the CCP collected land back from farmers.
Until today, the Chinese people have never really owned property,
while for businesses, the largest and most important industrial
and commercial enterprises are state-owned monopoly enterprises.
These occupy more than 70% of the entire Chinese economy."

Xie said that by a series of nationalizations and state monopoly
on agricultural land and industrial and commercial enterprises,
the CCP fully controls these businesses through
their own high-level nepotism and their client relationships.
People never own a property, do not have stock or other
marketable securities in hand to make money from.
In times of inflation, people had to watch their income lagging
far behind.
This has resulted in the phenomenon of polarization of
rich and poor.

Jiang Mianheng, 60, is the son of Jiang Zemin.
According to the book Jiang Zemin, it revealed that
after Jiang Zemin took military and political power in 1992,
in order to allow his son to 'muffle and make big fortunes',
in 1994, his son had used a 'loan' of several millions of RMB
to buy the Shanghai Joint Investment Company,
worth over 100-million-RMB and owned by the Shanghai
Economic Commission, and began his 'telecommunications kingdom'.
By 2001, Jiang Mianheng had become the highest
representative of 'official and commercial one body'.

Xie: "China's elite, including tens of millions of cadres at all levels,
all levels of officials who have the CCP bureaucracy nepotism,
intellectuals attached to the CCP, and may also include a few
private entrepreneurs, these people's income in the past 20 years,
has had rapid growth, reflected in their real estate figures ,
stock market returns, and other capital gains."

The CCP mouthpiece Xinhua News Agency reported that the
gap between the rich and poor in China is a developing problem.
Duan Shaoyi, MBA advisor at Beijing Normal University and an
economic columnist,
believed that the privileged participating in the distribution of
wealth is the reason causing the gap.

Duan Shaoyi: "The main market economic transformation is
not a true market economy.
The people who take control of the market are likely to
get more wealth, and vice versa.
Another point is that those who have privileges will divide
wealth equally among themselves ,
and those who have the most wealth are always those who
have more privileges ."

Xie also stressed that all the problems in China today,
including the polarization between the rich and poor, fraud,
toxic food, and moral declination problems are all caused by
the CCP's totalitarian dictatorship.
The only way to solve these problems is to overthrow the CCP.

NTD reporters Chen Han, Tang Rui and Xue Li


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