China’s Communist Party leaders are working on the 13th Five-Year Plan this week. One of the main targets for the next years will be reducing social disparities within the country. Is it possible?
Source: own study based on National Bureau of Statistics of China
According to the data of the World Bank, the average GDP per capita for the whole of China was about $13,217, measured in purchasing power standard (PPP). It is a similar level to that of Algeria or Serbia. However, GDP per capita of the richest parts of China, it means the cities of Beijing, Tianjin and Shanghai, is comparable to that of the Czech Republic or Portugal, and the quality of life in these great cities, measured by GDP per capita, is more than three times bigger than in the poorest areas of China, like Tibet or Yunnan.