CCTV9英语新闻:Studio interview: China's social inequality report

Peking University has released a report on China’s livelihood development. It details the massive breadth of China’s social inequality, which has become a widespread source of anger in the country.

For more insight on the report, joining us in the studio is Professor Fu Jun, Vice Dean of the School of Government at Peking University.

Q1. The report says China’s Gini coefficient for household assets is 0.73. Explain to us what this figure means, and what your take on it is.

Q2. What are the possible consequences of this massive wealth gap, both socially and economically?