Abstract

Five-Year Plan is part of comprehensively constructing an affluent society. China's national economy and society experienced many serious challenges, including overcoming the adverse effects of the financial crisis and the Wenchuan and Yushu earthquakes, in order to maintain stable macroeconomic policy and continue to grow. The theme of China's development is comprehensively transforming the way of development, improving and safeguarding the livelihood of the people, and realizing the affluent society. New systems and policies were unceasingly created to help rationalize income distribution and deal with income distribution disparities. During the Five-Year Plan, the disposable income per urban resident on average and the net income per rural resident on average increased to 10.2 percent and 8.3 percent respectively. Along with changes in lifestyle and the rise of land price, urbanization became the new power to impel fast economic and social development. Keywords: affluent society; China's social development; Eleventh Five-year Plan; income distribution; rural resident; urban resident

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