long time，bonus bet365 distribution has always been regarded as an important aspect reflecting social fairness and justice，Affecting social development and economic prosperity。After more than 40 years of rapid economic growth，The bonus bet365 level and quality of life of our residents have been greatly improved，However, the bonus bet365 gap has always remained at a medium to high level，And it has intensified in recent years。The report of the 19th National Congress of the Communist Party of China pointed out，Unbalanced and inadequate development has become the main constraint in meeting the people’s growing needs for a better life。

The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China clearly proposed，"Improving the redistribution mechanism，Increase taxes、Social Security、Strength and accuracy of adjustments such as bonus bet365，Reasonably adjust excessive income，Clamp down on illegal income”。In order to effectively alleviate the social income gap，Need to further strengthen the redistribution effect of bonus bet365。

　　Low-bonus bet365 groups benefit significantly

In order to effectively control the growing trend of income distribution gap，In recent years, the Chinese government has continuously strengthened the income redistribution effect of fiscal policy tools，Public transfer payment is an important starting point。In real life，From government transfer payment、Enterprise transfer payment，and inter-resident bonus bet365 constitute the total of household bonus bet365。Therefore，It is necessary to systematically evaluate the actual effect of China’s transfer payment system in income redistribution from a multi-dimensional perspective。

A large number of studies have analyzed the benefit destination of single-channel rescue funds，But the systematic and holistic nature of bonus bet365 is ignored。This study starts from the multi-level perspective of government-enterprise-residents，Examined the beneficiary groups of China’s bonus bet365，Measurement method combined with the pro-poverty index，Re-discuss the comprehensive effect of bonus bet365 in reducing poverty and narrowing the income gap among residents。When the pro-poor coefficient exceeds 1，Indicates that this income has the effect of narrowing the income gap；Vice versa，widens the income gap。The higher the pro-poverty index，Meaning that low-income groups benefit more。

Research findings，The market income gap is the starting point for analysis of residents’ income gap，And the market income gap determines the intervention intensity of transfer payment instruments to a certain extent。And from government bonus bet365、Three types of instruments, enterprise bonus bet365 and inter-resident bonus bet365, can benefit low-income families more to varying degrees，Therefore it has a certain income redistribution effect。In other words，bonus bet365 as a whole can narrow the income gap among residents。Among the three types of transfer payment instruments，Government public bonus bet365 are the most pro-poor。Look at the details，Pro-poor index from government bonus bet365 at 2.around 0；The pro-poor index from inter-resident bonus bet365 is at 1.around 4；The pro-poverty index of corporate bonus bet365 is 1.around 0。

It was found after further subdividing the categories of bonus bet365，The pro-poverty index of different items also shows different characteristics。Among them，Pension in government transfer payment、Difficulty subsidies or welfare benefits are highly pro-poor，Among them, the government’s one-child subsidy has the highest pro-poor index。However，Some transfer payment projects based on residents’ special consumption，For example, fuel subsidies、Coal and fire fee subsidies and electricity subsidies, etc.，The pro-poverty index is less than 1.0，High-income households benefit more from these types of bonus bet365。Considering that fuel subsidies account for a relatively low proportion of government bonus bet365，Therefore，Overall view，my country’s government bonus bet365 have significantly reduced the Gini coefficient of residents’ pre-market income，Has better pro-poorness。

The above results show，The initial market allocation pays more attention to output efficiency，And government transfer payment、Resident bonus bet365 and third-party bonus bet365 such as enterprises and social organizations are mostly distributed with the goal of promoting social equity and narrowing income gaps。So overall，my country’s transfer payment (especially government transfer payment) system has a good redistribution effect。

　　bonus bet365 needs to be improved

It can be said，my country’s transfer payment has a significant income redistribution effect，But in terms of scale，Redistribution still has a lot of room for improvement。The author used five survey data from 2000 to 2011 to measure the redistribution of bonus bet365，The following points have been discovered。First，Government bonus bet365，From the early stage of not being pro-poor, it gradually developed into being pro-poor，The redistribution effect shows an increasing trend。Look at the details，In 2000 and 2004，The pro-poverty index of government bonus bet365 is less than 1.0，But after 2006，The pro-poverty index of government bonus bet365 in the three survey years was all greater than 1.5。In 2011，The pro-poverty index of some government bonus bet365 exceeds 3.5。These results indicate that my country’s redistribution from government bonus bet365 is continuously increasing。Second，Enterprise transfer payment，Before 2006，bonus bet365 from enterprises are more received by high-income groups，And after 2006，Although the pro-poverty index of some bonus bet365 has increased to a certain extent and exceeded 1.0，But the maximum is only 1.Level around 2。This result shows，The role of bonus bet365 from enterprises in income redistribution needs to be further improved。Third，Resident transfer payment，The pro-poverty index of Chinese residents’ bonus bet365 does not fluctuate much between different years in the sample，And they all have obvious pro-poor characteristics。It can be said，“Assistance” among residents can effectively play a redistributive role in poverty alleviation and crisis relief。

The author further analyzed the redistribution scale of multi-level bonus bet365。Statistical results display，Before transfer payment takes effect，The Gini coefficient of household market income is 0.around 47，After the transfer payment intervention，The Gini coefficient dropped by about 0.024，The proportion of the total Gini coefficient is about 5%。This result shows，China’s transfer payment income redistribution is relatively limited。Analysis of the dynamic trend of transfer payment redistribution intensity between different years，2000-2011 period，The contribution of bonus bet365 in narrowing the market income gap dropped from 9% to 2%。What deserves more attention is，The redistribution effect of government bonus bet365 also shows a certain weakening trend，The intensity of income redistribution of fiscal bonus bet365 needs to be improved。

　　Improve the targeting efficiency of bonus bet365

Research shows，China’s current transfer payment mechanism can effectively benefit low-income groups，However, considering that the share of bonus bet365 in residents’ disposable income is still relatively small，This also results in its actual role in adjusting the income distribution gap being still limited。Therefore，While increasing government transfer payment investment，It is particularly important to further improve the targeting efficiency of bonus bet365。In addition，The third sector such as enterprises and social organizations has seriously insufficient participation in the redistribution of social wealth，How to leverage the government’s policy guidance and environmental construction role to promote the third sector’s charitable participation also deserves attention。Proposed by the Fifth Plenary Session of the 19th CPC Central Committee，"Play the role of the third distribution，Developing philanthropy，Improving the income and wealth distribution pattern”。

First，Further increase the scale of fiscal bonus bet365。Research shows，In various bonus bet365，bonus bet365 from the government have the highest pro-poor character，Can significantly increase the sense of gain for poor groups。Therefore，Critical period for winning the battle against poverty，Increasing transfer expenditures is of great significance to my country’s goal of alleviating poverty and building a moderately prosperous society in an all-round way。

Second，It is particularly important to improve the targeting efficiency of bonus bet365 payment funds。China’s bonus bet365 payment system has good “targeted poverty alleviation” effects，But in different types of expense items，There is still a difference in this aiming efficiency。Exactly so，While increasing the scale of fiscal bonus bet365 payment funds，Optimizing the internal structure of fiscal bonus bet365 expenditures will also further enhance the redistribution effect，And this is also something that requires special attention。

　Third，Leverage the government’s policy guidance and environmental construction role，Increase the participation of the third sector in redistribution。The author also discovered during research，Except fiscal bonus bet365，Transfers from businesses and transfers between households also benefit poor and low-income groups。Unfortunately，The third sector such as enterprises and social organizations has limited participation in rural poverty alleviation in my country，Therefore the government plays a good role in policy guidance，And do a good job in building the institutional environment，Creating and encouraging third sector philanthropic participation，It is also of great significance to solve the basic living problems of the poor。

With the goal of building a moderately prosperous society in all respects by 2020, victory is in sight，Continuously narrowing the social income gap requires policymakers to pay close attention。Based on the existing rural transfer payment system，Further exert the redistribution effect of fiscal bonus bet365，At the same time, organically combine the power of enterprises and social organizations，Create a sustainable income security mechanism for rural low-income people，Effectively alleviate the urban-rural income gap，This is also the meaning of the title of my country’s “14th Five-Year Plan”。

　　(This article is a phased result of the National Natural Science Foundation of China Youth Project "Intergenerational Transmission of bonus bet365 Inequality and Fiscal Expenditure Intervention Design: Evaluation Technology and Application" (71503187))

　　(Author’s unit: Economic bonus bet365 Research Center of Wuhan University；School of Finance and Taxation, Zhongnan University of Economics and Law；School of Economics and Management, Wuhan University)