1. Capital Accumulation, Private Property and Rising Inequality in China, 1978-2015

2. Two Questions
Dynamics of wealth-income ratio and private wealth in China since 1978?
Dynamics of income and wealth inequality in China since 1978?

5. Importance
Despite China has experienced exceptional growth, we know little about how growth is distributed in China
Who benefits more: private sector vs public sector?
What are the income growth rate: bottom 50%, middle 40%, vs top 10% ?
How do changes in factor shares impact on inequality?
Contribute to the study of global income and wealth inequality.
China accounts for 20% of the world population and 18% of world GDP
Better understood the development of China

6. Rise of Wealth-Income Ratio and Private Property in China
Concepts and Methodology
The Rise of Wealth-Income Ratio and Private Wealth
China vs Rich Countries

9. Privatization wave explains rise in private wealth

10. Public share in corporate equity stops decreasing since 2006

11. The Rise of Income Inequality in China
Concepts and Methodology
Top 1%, top 10%, middle 40% and bottom 50%
China vs Rich Countries
Inequality between and within rural and urban China

12. Increase of income inequality in China

13. NBS Survey data underestimated inequality

22. US v.s. China

23. France v.s China

27. Top 10% income shares across the world, 2016

28. Top 10% income shares across the world, 1980‒2016

29. Top 10% income shares across the world, 1980‒2016

30. Top 1% income shares across the world, 1980-2016

31. Bottom 50% income shares across the world, 1980‒2016