Equality or Efficiency, Which Comes First in China Today?

XIN Changxing ( 信长星 )
Press Spokesman of Ministry of Labor and Social Security

Editorial note:

Employment, income distribution and social security have always been the hot topics in economic development. Economists tend to argue that employment discrimination, unfair distribution and absence of a social security system will ultimately impair the incentives of the economic players, which will undermine the sustainability of economic growth. Because the author serves in a government department, his thoughts on these problems represent, to some extent, the tendency of the government officials.

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