China studies to reform for fairer income distribution – Xinhua

From Xinhua, via The East Day (link):

The Political Bureau of the Central Committee of the Communist Party of China (CPC) met in Beijing yesterday to look at ways to more fairly distribute incomes in society.

Chinese President Hu Jintao presided over the meeting. A news release from the meeting said that China should uphold and improve the system in which distribution according to work is dominant and coexists with other modes of distribution.

The release said future reforms should concentrate on increasing incomes of poorer people, expanding the moderate-income population, effectively taxing high-income earners and banning illegal income.

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