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Tuesday, May 24, 2016
To Expand Middle Income Class, Legal Framework Should Be Improved
ANBOUND

In recent years, the security of the middle class in China has been under the spotlight, on the one hand, they are affected by the angers from the grass roots and on the other hand, they are 'suppressed' by the privileged, uppermost stratum.

Similarly, when it comes to political interests, the middle class hardly have any say nor do they have any spokesman that will fight for their rights, causing them to feel uncertain or even fear about their current situation.

The research team at ANBOUND Consulting believes that the expansion of the middle class is the only way to the country’s lasting stability.

However, the expansion of middle class does not merely refer to the increase in their wealth, in the absence of a comprehensive social security system as well as a robust system to protect the rights of the middle class, the middle class is not strong at all.

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