On the objective of economic equity in China's macroeconomic management

Abstract

economic fairness is the fairness of social income distribution that is the input of social members related to their income. Fairness and efficiency promote each other. Economic fairness is the unity of fair competition and opportunity. Realizing economic public fairness is a gradual process. We must overcome and solve the accumulated unfairness in the past. If the income gap between outside and inside groups is too large and too small, the income gap within groups should be opened reasonably to promote the improvement of efficiency and determine the quantitative bound root for the goal of economic equity.