Research On The Problems And Optimization Route Of Minimum Wage System In China

With the deepening of the reform and opening up, China’s economic development at the same time of significant progress, income distribution imbalance is also increasing. China’s gene coefficient has been in the international income gap "lines" above, The degree of the gap between the rich and the poor has a tendency to widen year by year. Since the eighteenth congress, therefore, the income distribution system reform, more and more get the attention of people, how to narrow the gap between rich and poor, eliminate the polarization of income distribution, is building a harmonious society, realize a well-off society in an all-round way of the important tasks. Since 1993, when the first issued by the ministry of labor and social security number 333 the minimum wage regulations for enterprises, since the minimum wage will shoulder low-income workers to guarantee the legitimate rights and interests, maintain the mission of income distribution of fairness and justice. Although minimum wage system in a certain extent, the protection of the rights of the low-income workers, promote the stability of the economic and social development, but also appeared in the process of implementation of minimum wage standard is low, the minimum wage growth mechanism is not reasonable, system implementation does not reach the designated position and the regulatory system is not sound and other significant issues.The party 18 report focuses on the reform of income distribution focus on how to narrow the income gap, realize the fairness of income distribution. This article through to the minimum wage system in China’s practice in the analysis of existing problems, put forward the reasonable path of the optimization of the minimum wage system, and analyzed the operability. Is beneficial to make a reasonable minimum wage standard, effectively raise the income level of low-income workers, narrow the gap between rich and poor, effectively promote the economic and social stability and development.The main content of the article is divided into five parts:The first part briefly points out the paper selected topic background, research significance, research contents and research methods, etc., and expounds the theoretical basis and research both at home and abroad of the minimum wage system, and puts forward the research emphasis and difficulties of thesis and innovation points.The second part were studied the minimum wage system in the practice of China. First of all, briefly expounds the origin and development of the minimum wage system in China; Then, on China’s current of the main content of the minimum wage system carried out a series of analysis and research; Finally, mainly from the Angle of different provinces and cities of the country’s minimum wage standard for empirical analysis.System of the third part respectively from the level of legislation, standards of measurement, adjustment mechanism and system of execution environment and regulatory system and so on many Angle, the minimum wage system in China, analyzes the problems and reasons existing in the practice process.The fourth part for China’s minimum wage system existing problems and reasons in practice, the problems and reasons, put forward the corresponding optimization path. Legal binding force of the minimum wage system; To perfect the minimum wage standard measurement and adjustment mechanism, unified the connotation of the minimum wage standard, formulate reasonable minimum wage standard; Grasp the best adjustment time and frequency of minimum wage standard, makes the adjust speed of the minimum wage standard adapt to economic development and speed of change in price; To perfect the minimum wage system execution environment and improve the regulatory system, real laws, by effectively and narrowing the gap between rich and poor, to perfect the income distribution system, promoting the construction of a harmonious socialist society.The fifth part is the feasibility analysis of the optimization of China’s minimum wage system path. Using Eviews6.0 econometric analysis software, using panel data and fixed effects model, the employment effect of minimum wage on the econometric model of regression analysis, the data analysis results to verify no significant relation between the minimum wage and employment. The present paper proposed: according to the optimal path of China’s minimum wage system, enlarge the scope of the minimum wage system, using scientific methods and rational growth mechanism, an appropriate increase in the minimum wage standard, not only will not affect employment, also can effectively improve the income level of low-income workers, is conducive to narrow the income gap, the construction of aharmonious socialist society.