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You will prepare and submit a term paper on Chinese Popular Culture. Your paper should be a minimum of 1750 words in length.
You will prepare and submit a term paper on Chinese Popular Culture. Your paper should be a minimum of 1750 words in length. According to Moore, approximately less than 12 percent of China’s wealth is shared by over half of its population, who reside in the rural areas. average annual income in China’s cities is almost thrice that of the countryside, which explains the unhealthy economic development in China (telegraph.co.uk). Its economic growth has been spurred more by the wealthy cities and industrialization in Eastern China than the weaker and poorer western China. Although there has been a transition over the years, there is a high difference and inconsistency of wealth distribution that contributes to slow economic growth in the West, central, and interior than Eastern PRC. The consumption and lifestyle, income gaps, and occupational skills or professions determine the wealth distribution of China’s social class (Wang 538-539). This affects the social stability of the population, their lifestyle, and access to facilities.
The divergence in the allocation of resources to the different regions of PRC leads to increased inequality in the production and consumption of the residing citizens. The society is forced to live according to their different financial abilities and what they can afford. The massive investment in Eastern regions, urban areas, and cities possess the greatest wealth, which can well accommodate the luxurious lives of the rich society with high paying jobs. In fact, because of the expensive life in such regions, companies looking to expand their profits seek strategies to shift to other cheaper regions, where the wages and costs in operation are cheaper.
Education: Children of the rich upper and middle-class families in wealthy urban China have access to high-quality education. Because of the economic growth and the able population living in these regions, investors are pooled in to construct and equip learning institutions with quality facilities, to compete with other advanced regions in the world. .