Narrowing Income Gap A Top Priority

With per capita GDP exceeding US$1,000 in 2003, Chinese economy is steering into a new phase which will underline the importance of balanced development. International experience indicates that during the period when per capita GDP ranges between US$1,000 and US$3,000, a developing country will witness drastic changes in its social and economic structure for greater prosperity. As the world's largest developing economy, China is surely no exception. Actually, the country has already m…