{"id":288690,"date":"2025-11-17T10:43:11","date_gmt":"2025-11-17T10:43:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/288690\/"},"modified":"2025-11-17T10:43:11","modified_gmt":"2025-11-17T10:43:11","slug":"800-million-how-china-plans-to-double-its-middle-income-population","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/288690\/","title":{"rendered":"800 million: how China plans to double its middle-income population"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Xiao Mei, a kindergarten teaching assistant living in the suburbs of Hangzhou in eastern China, has barely seen her income rise for three years and is not optimistic about her chances of getting a pay rise any time soon. Still, she counts herself as relatively fortunate.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cAt least I haven\u2019t had my pay cut or lost my job,\u201d she said, adding that several of her friends had suffered such setbacks recently.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Earning around 6,000 yuan (US$845) a month \u2013 well below the local average of 13,500 yuan for public-sector workers, according to municipal government figures \u2013 the 38-year-old feels stuck in a low-income cohort and uncertain about her future prospects as China\u2019s job market remains stubbornly sluggish.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Xiao\u2019s plight reflects the scale of the challenge facing China as it embarks on an ambitious drive to nearly double the size of its middle-income population over the next decade.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">According to the government\u2019s most recent estimate, more than 400 million of China\u2019s 1.4 billion people are currently living on a middle income. At a press conference last month, Commerce Minister Wang Wentao projected the figure would rise to 800 million in the next 10 years.<\/p>\n<p>In its proposals for <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3326401\/why-chinas-five-year-plan-matters-and-how-it-could-steer-economy-turbulent-times?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">China\u2019s next five-year plan<\/a>, also released last month, the Communist Party\u2019s Central Committee vowed to steadily expand the middle-income cohort to create an \u201colive-shaped\u201d income distribution chart.<\/p>\n","protected":false},"excerpt":{"rendered":"Xiao Mei, a kindergarten teaching assistant living in the suburbs of Hangzhou in eastern China, has barely seen&hellip;\n","protected":false},"author":2,"featured_media":288691,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[8580,45,49,48,35615,51971,95,130905,46,25427,21734,11600,64967,130906,130907,11276,130903,130902,130904],"class_list":["post-288690","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-beijing","tag-business","tag-ca","tag-canada","tag-central-committee","tag-chen-bo","tag-china","tag-economic-daily","tag-economy","tag-hangzhou","tag-national-development-and-reform-commission","tag-national-university-of-singapore","tag-nomura","tag-renmin-university-of-china","tag-urban-rural-income-gap","tag-wang-wentao","tag-xiao-mei","tag-xuexi-publishing-house","tag-yang-tianyu"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/288690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=288690"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/288690\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/288691"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=288690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=288690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=288690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}