Discursive Essay
In this age of high-speed social progress, the issue whether China should consider inequality more than economic growth has aroused a wild contention. Economic growth is increase in a country's productive capacity, as measured by comparing gross national product in a year with the GNP in the previous year. Increase in the capital stock, advances in technology, generation of employment and improvement in the quality and level of literacy are considered to be the principal causes of economic growth. There are different views on this issue. Some people claim that China now is definitely ready to shift the concentration from economic growth to reducing inequality, while others maintain the opposite. The following paragraphs explore some of the arguments from both pro side and con side.
China now is facing a severe social concern with the high level of inequality which may lead to a lot of problems. China's Gini coefficient, a widely accepted measure of income distribution, reached 0.473 in 2013. It puts China among the most unequal countries in Asia and at the higher end of the global range. While rich people are enjoying the higher living standards resulted from the economic growth, poor people are still suffering. The poor are usually unemployed or have low income and have little access to health care. Without enough money, poor family cannot support their children to get high education, which leads to poverty for the next generation. Also, inequality not only causes social conflicts and the potential for even greater ones in the future, but undermines the Chinese belief in their government, and work ethic. Therefore, it is urgent to reduce the gap between the rich and the poor.
However, this claim is considered unconvincing by the other side. Some of the economists of China stated that consider the rapid economic growth in recent years, the short- term income inequality is doing a great job in dealing with the current economic situation in China and in the long
China now is facing a severe social concern with the high level of inequality which may lead to a lot of problems. China's Gini coefficient, a widely accepted measure of income distribution, reached 0.473 in 2013. It puts China among the most unequal countries in Asia and at the higher end of the global range. While rich people are enjoying the higher living standards resulted from the economic growth, poor people are still suffering. The poor are usually unemployed or have low income and have little access to health care. Without enough money, poor family cannot support their children to get high education, which leads to poverty for the next generation. Also, inequality not only causes social conflicts and the potential for even greater ones in the future, but undermines the Chinese belief in their government, and work ethic. Therefore, it is urgent to reduce the gap between the rich and the poor.
However, this claim is considered unconvincing by the other side. Some of the economists of China stated that consider the rapid economic growth in recent years, the short- term income inequality is doing a great job in dealing with the current economic situation in China and in the long