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China approves income distribution strategy

<!– google_ad_section_start –> China has formulated a strategy for a long-delayed overhaul of income distribution, that reformers hope will unlock revenues and help address China’s growing inequality, but left details vague in an announcement on Tuesday. The plan called for raising low incomes and “adjusting overly high income”, as well as corporate and structural reforms, the Xinhua news agency said. <!– google_ad_section_end –>

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China approves income distribution strategy

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