| In recent years,the rapid development of China’s economy has attracted the attention of all countries in the world.Although the living standards of the national residents have been greatly improved,the proportion of residents’income to GDP has declined rapidly.This phenomenon has seriously affected the people.Fully enjoying the fruits of economic development has aroused the great attention of the top leaders of the country.Therefore,in the report of the 19th National Congress of the Communist Party of China,General Secretary Xi Jinping[1]（2017）once again put forward the goal of achieving simultaneous growth of residents’income while increasing economic productivity while improving labor productivity.The same question was raised in the previous 18th and 17th Plenary Sessions of the 17th Central Committee,indicating the seriousness and importance of this issue.It is based on the background of such an era that this paper conducts targeted research on the simultaneous growth of residents’income and economy from both theoretical and empirical aspects.The first step of this paper analyzes the importance of research background and issues,and combs and summarizes the research results of scholars at home and abroad.On this basis,the article defines the concept of household income,resident disposable income,economic growth,and simultaneous growth,as well as the selection of evaluation indicators,providing a theoretical basis for future empirical research.The core content of this paper is mainly concentrated in the third and fourth chapters.The third chapter summarizes the overall trend,characteristics and current situation of China’s economic growth and the income gap of residents.It reveals the real disparity between China’s residents’income and economic growth from the reasons of the lag of residents’income growth,the problems in primary distribution and redistribution.the reason.The fourth chapter is based on the Cobb-Douglas（CD）production function,which uses the capital,labor and human capital inputs to establish the model I,estimate the model parameters,and use the time series data of China’s reform and opening up for more than 40 years to determine The income of Chinese residents accounts for the proportion of GDP.Secondly,using the GDP growth rate,capital formation rate,total return on assets and the ratio of financial assets to physical assets,the model II is derived and the panel data of 31 provinces（2006-2017）are used to determine the income of residents.proportion.Finally,based on the proportion of the empirical I and empirical II analysis to determine the ratio of the proportion of residents’income to GDP.The analysis shows that the standard range of residents’income and economic growth,that is,the proportion of household income to GDP should be 73%—78%.The last chapter of the article is based on empirical analysis and previous studies,and proposes countermeasures and suggestions for achieving the rigid requirements of the income and economic growth of General Secretary Xi Jinping. |
