China says will protect legal incomes, 'rationally adjust' excessive ones - state media

by Reuters
Tuesday, 17 August 2021 11:23 GMT

BEIJING, Aug 17 (Reuters) - China said it will protect legal income but "rationally adjust excessively high" incomes, according to a meeting chaired by President Xi Jinping cited by state television on Tuesday.

High income groups and firms should also be encouraged to contribute more to society, said the meeting. (Reporting by Gabriel Crossley and Beijing newsroom; editing by John Stonestreet)

Our Standards: The Thomson Reuters Trust Principles.