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    The NDRC Denied Drafting The "Wage Increase Plan".

    2011/4/22 10:49:00 50

    NDRC Denied Raising Wages

    "This is definitely a rumor. It is simply blind. I can confirm that the NDRC is not doing this.

    Duty

    Category, state

    Development and Reform Commission

    No such power. "

    Yesterday, in view of the drafting of the "wage increase plan" by the national development and Reform Commission, the relevant people of the national development and Reform Commission News Department solemnly clarified the rumor.


    Origin "

    wages

    Say twice


    Yesterday, media quoted the people familiar with the matter as saying that the national development and Reform Commission is currently drafting a "wage increase plan" covering a larger social scale, including raising the threshold of personal income tax, raising social wages in a larger scale, establishing a subsidy mechanism for low-income groups, and improving the standard of housing allowance.

    According to the news, an important tax adjustment bill was officially unveiled in April 20th.

    The tax threshold will be raised from the current monthly 2000 yuan to 3000 yuan.

    The news gave rise to a huge public reaction, and the media reproduced it for a while.


    The national development and Reform Commission denied the case to reporters yesterday. He said that it was only a "rumor" that the national development and Reform Commission drafted the "wage increase plan".


    Reporters found that the origin of the rumor was related to what Yang Zhiming, Vice Minister of Ministry of social affairs and vice minister, said at the national labor relations working conference in April 18th.

    Allegedly, Yang Zhiming said that China should strive to achieve an annual wage increase of 15%, so that during the "12th Five-Year" period, we can strive to achieve double wage growth.

    Some media quoted the insider as saying that Yang Zhiming's speech on that day was related to the realization of the goal of ensuring "double increase in wages".


    There are four theories about the wage increase. The national development and Reform Commission is drafting a "wage increase plan" rumor.


    Cater for the rising psychology


    Although the above speculation is finally confirmed as rumor, under the CPI high background, residents hope that the wage rise is self-evident.


    Some analysts have pointed out that for a period of time, the proportion of China's labor remuneration in GDP has been declining. To a certain extent, the sharp increase in corporate profits is at the expense of low wages of workers. This is what is known as "the underpayment of labor force and the erosion of wages by profits".


    In 2010, a series of labor disputes occurred in some places, which seemed to be due to the low wages of workers. The underlying reason is that the normal wage growth mechanism is missing, which makes the wages of ordinary workers unable to grow reasonably, and the pattern of income distribution has expanded dramatically, and social contradictions have become increasingly tense.


    In addition, in the past, China mainly relied on two wheels of investment and exports to stimulate the rapid economic growth, and the proportion of consumption to GDP was very small. In recent two years, influenced by the international financial crisis, the pace of investment and exports has slowed down obviously, and it is necessary to rely on increasing consumption to promote economic growth.


    "The current situation is obvious. If we do not stimulate domestic consumption in an all-round way, it will lead to a serious economic crisis.

    The fundamental intention of the government to introduce a mandatory growth wage plan is to resolve social contradictions, stimulate domestic consumption and so on.

    People familiar with the matter said.


    There are many blind spots in "double wages".


    However, the "double wage" plan of the Ministry of human resources and social affairs has not welcomed the one-sided applause. More and more people have rationally ponder whether wage growth can win the price rise. Will they be at the expense of printing money at large?


    Some commentators believe that the goal of wage growth should not be a goal in itself. "It sounds like a very ambitious goal. But carefully analyzing, according to the plan of doubling the GDP in 12th Five-Year, as long as the wage increase is equal to the increase of GDP, the growth of the wage income of workers must be doubled."


    Under the current inflationary pressure, the actual effect of wage growth has also been questioned.

    Some netizens bluntly said, "how much is the price increase in 5 years?

    Double?

    If not, who will the salary increase?

    Wage growth is only meaningful when prices are stable and purchasing power increases. "


    For the reform of income distribution, the more consistent view is that in the distribution of "cake" of social wealth, it is more meaningful to prevent people from getting a fair and unreasonable distribution of resources by relying on resource monopolies and special identities.



     
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