Cai Fang: By 2035, China's Gini coefficient should be close to or below 0.4.

On December 18, Cai Fang, member of the Chinese Academy of Social Sciences and former vice president, stated at the "Finance" Annual Meeting 2026: Prediction and Strategy as well as the 2025 Global Wealth Management Forum that in the past decade, China's Gini coefficient has improved. The Gini coefficient, as an indicator that reflects the overall income distribution situation, has improved due to factors such as wage increases, poverty alleviation efforts, improvements in labor rights, and the effectiveness of social security construction in China. Currently, China's Gini coefficient is still some distance from the income gap standard of 0.4, with most OECD countries having a Gini coefficient below 0.4. Cai Fang suggests that the Gini coefficient should be set as a target for China's income distribution in 2035, and by 2035, China's Gini coefficient should be close to or below 0.4.