The Impact Of Financial Development On Income Distribution In China

Since the reform and opening up,China's economic and social development has made considerable progress,economic growth continues to improve,the total economic growth,has become the world's second largest economy,after the United States.But expanded income distribution has brought about a range of economic,social and political problems.Among them,the-income distribution and the gap between rich and poor is particularly prominent,which has become an important factor affecting the long-term economic growth and social stability.China has now reached the goal of national prosperity,facing the problem of making people rich,further need to achieve the goal of " common prosperity",how to let the fruits of economic growth benefit more people is now the focus of attention from all walks of life.This article through to our country financial development and the income distribution present situation and the change tendency explanation,as well as to the academic circles about the financial development to the income distribution influence concrete channel elaborated and unifies our country financial development and the income distribution present situation carries on the analysis,obtains between the financial development and the income distribution conforms to the " inverted u"relations,and innovatively uses our country provinces,autonomous regions,municipalities directly under the central government and so on(except hong kong,Macao and Taiwan)panel data carries on the empirical analysis,carries on the regression analysis to the financial correlation ratio fir,Theil index and so on,obtains the financial development to the urban and rural income disparity and the urban employment population income disparity influence is "inverted u" this conclusion,finally summarizes.