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        The Proportion and Characteristics of Middle Class Group in China



                                          1              2        2
                               YANG Xiuna , WAN Haiyuan & LI Shi
                        (1郾 China Development Research Foundation, Beijing 100011, China;
                       2郾 Business School, Beijing Normal University, Beijing 1000875, China)


       Abstract: The definition, scale and characteristics of middle class group have always been the focal subjects with wide鄄
   spread public debate. Based on reviewing the existing literature on the definition of middle class, we suggest that it might be bet鄄
   ter to define Chinese middle class using 67% to 200% of the median income of all countries in the world as the upper limit and
   lower limit. The research finds that, the proportion of Chinese middle class have been gradually increasing in recent years, from
   10% in 2002 to 28郾 9% in 2016, which is mainly due to the income growth rather than the changes in income distribution. In or鄄
   der to increase the proportion of Chinese middle class, it is of vital importance to keep the middle and high growth rate. The poli鄄
   cy should emphasize on the increase of low income instead of the restriction on high income. At the same time, we should avoid
   the middle class from falling into low income class. The middle class, mostly living in urban area, have their wage as main source
   of income with a high ratio of their savings and obviously higher education than low income class and poor people. There are
   large鄄scaled people with their income near or lower than the bottom line of middle class. They are the potential middle class in fu鄄
   ture, who should be the main target of the policy to increase the proportion of middle class.
       Key Words: middle class group; definition review; defining criterion; proportion of middle class group; characteristics
                                                                          (本文责编摇 王摇 轶)



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