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Analysis of the Impact of Industrial Structure Transformation and Upgrading on Urban-Rural Income Disparity

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DOI: 10.23977/ICEMBE2023.031

Author(s)

Ju Lie

Corresponding Author

Ju Lie

ABSTRACT

With the speed growth of the economy in China, the gap is showing an increasing trend. The urban-rural income disparity is the primary manifestation of China's distribution inequality, and the widening gap means that the phenomenon of distribution inequality is becoming more and more severe. The serious problem of distribution inequality will hinder economic growth, so closing the urban-rural income disparity urgently needs to be solved. Among the various factors influencing the urban-rural income disparity, industrial structure is a significant factor influencing the urban-rural income disparity. The transformation of industrial structure has caused the transfer of surplus rural labor from rural areas to cities, and the difference in labor productivity has caused the formation of a gap between urban-rural resident(RES)s in China. Industrial structure adjustment means the redistribution of labor and capital factors among industries. The restructuring of industrial structure may exacerbate the income disparity between urban-rural RESs in the short run, but in the long run, it has positive significance for the advancement of rural economy and society and the breaking of the urban-rural dual division system. This article analyzes the current situation of China's industrial structure and urban-rural income disparity from the perspective of industrial structure, as well as the impact of industrial structure transformation and upgrading on the urban-rural income disparity in China.

KEYWORDS

Industrial structure; Urban-rural income disparity; Influence

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