Tag Archives: China

Cooperative Society and Basic Income: A Case from China

Written by Cheng Furui In the process of Chinese industrialization and urbanization, more and more rural villagers have been transformed into urban citizens. Decades of industrialization have left China with a typical dual economic structure: people who make wages live in the cities, and peasants make a living on the land in villages around them. With the rapid expansion of city

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CHINA: Macao gives an annual state bonus to all citizens

In order to share the fruits of economic development with the general public, the government of the Macao Special Administrative Region (SAR) in China has given an annual state bonus to its all citizens since 2008. This so-called “Wealth Partaking Scheme (WPS)” is mainly funded by the revenue of local lottery industry. Permanent residents received 5,000 patacas [US $627(1)] in 2008.

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China’s minimum income guarantee you’ve never heard of

Back in the 1990s, China started experimenting with a minimum income guarantee that topped off incomes to a minimum level set by local governments. China called the program dibao, meaning minimum livelihood guarantee, expanding the program nationwide in 2007. In Beijing the urban monthly dibao standard is 1050 RMB ($161.50 USD) and the rural standard is 800 RMB ($123.04 USD).

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Enno Schmidt, “Basic Income in China”

SUMMARY: Cui Zhiyuan is professor of public administration at Tsinghua University in Beijing. He recently starred in a video, following a basic income conference, produced by Enno Schmidt that advocates an unconditional basic income and explains why the kind of means testing that is experienced in the social systems in Western countries today is an invasion of privacy. He says

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MACAU: Government Distributes Temporary Basic Income

Macau, the former Portuguese possession, now a semi-autonomous region of China, is in the process of distributing a temporary Basic Income of more than $1000 to all residents. According to a government press release dated 1 July, 2014, “In order to share the fruits of economic development with the general public, the Macao SAR government had announced the Wealth Partaking

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