Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Analysis of the Present Situation of China’s Third Distribution and Suggestions for Its Development

Authors
Yuqi Fang
School of economics, Zhongnan University of Economics and Law, Wuhan, 430000, China
*Corresponding author. Email: yuqifangfyq@163.com
Corresponding Author
Yuqi Fang
Available Online 26 March 2022.
DOI
https://doi.org/10.2991/aebmr.k.220307.081How to use a DOI?
Keywords
Third distribution; income distribution; Philanthropy
Abstract

Although China’s primary distribution and redistribution can narrow the income gap to a certain extent, they are not enough to reduce China’s persistently high Gini coefficient. The third distribution emphasized by the Chinese government may serve as an important auxiliary means of income distribution. This paper clarified the definition of the third distribution, sorted out the relevant theoretical research and the basic situation of the third distribution in China, and summarized the main problems existing in the third distribution in China. Some suggestions are put forward. The first suggestion is to establish specialized voluntary organizations. The second point is to suggest that voluntary organizations and charities use multiple media to promote their activities in order to enhance the trust of donors. Third, the government should take the lead in establishing a unified voluntary service management system.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220307.081How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yuqi Fang
PY  - 2022
DA  - 2022/03/26
TI  - Analysis of the Present Situation of China’s Third Distribution and Suggestions for Its Development
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 504
EP  - 509
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.081
DO  - https://doi.org/10.2991/aebmr.k.220307.081
ID  - Fang2022
ER  -