Under Xi Jinping’s misguided economic policies, China faces a real-estate collapse, a sluggish stock market, a weakened currency, widespread factory and store closures, and an economic depression marked by high unemployment, wage cuts, and stagflation. In such a context, a responsible government concerned with the public’s suffering should provide living subsidies to the lowest-income groups, enabling them to afford goods they could once buy but now dare not consume, thus ensuring that their standard of living does not decline. This would also help stimulate consumption and prevent a further economic decline. However, the CCP has chosen to raise salaries for civil servants, who are not lacking in funds, while excluding the poorest and most vulnerable groups that urgently need assistance.
By: Yao Guofu
On December 31, 2024, the Voice of America’s “China’s Economy” column published an article titled “Rumors Confirmed: Bloomberg Reports Quiet Salary Increase for Chinese Civil Servants” . The article indicated that the U.S. financial-media outlet Bloomberg had published a report on December 31 that provided significant evidence of salary increases for civil servants in China. The Bloomberg report cited internal sources within the Chinese Communist Party (CCP) who stated that decision-makers, in order to boost morale and promote consumption, have decided to give civil servants a “substantial” salary increase nationwide. The base salary of government civil servants was increased by at least 500 yuan per month, retroactive to July, 2024.
Under Xi Jinping’s misguided economic policies, which violate market principles, China is facing a real-estate collapse, a sluggish stock market, a weakened currency, widespread factory and store closures, and an economic depression marked by high unemployment, wage cuts, and stagflation. In such a context, a responsible government concerned with the public’s suffering should provide living subsidies to the lowest-income groups, enabling them to afford goods they could once buy but now dare not consume, thus ensuring that their standard of living does not decline. This would also help stimulate consumption and prevent a further economic decline. However, the CCP has chosen to raise salaries for civil servants, who are not lacking in funds, while excluding the poorest and most vulnerable groups that urgently need assistance. This decision not only does nothing to help the economy but also deepens wealth inequality and social injustice, which will undoubtedly worsen social tensions.
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Source: https://www.yibao.net/2025/01/15/the-recent-increase-in-civil-servants-pay-as-the-ccps-continued-enslavement-of-the-people/