China to boost middle class to more than 50%

A bigger middle class will also challenge the government to provide greater social security and services and better education systems, Zheng said. “A growing middle income population will ensure that more people will benefit from reform so that our reform will be endorsed and supported by more people,” Zheng said.

Middle class is classified by the government as a family with a household income of between 60,000 yuan (US$8,000, euro6,000) and 200,000 yuan (US$27,000, euro19,000) a year, Zheng said.

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