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Korea is generally recognized as the country which has broken though the "middle-income trap". In 2011, its Gini coefficient was around 0.3, which is in the reasonable interval. The strategies Korea adopted in coping with the "middle-income trap" are considerable experience for China. After 30 years of the reform and opening up, the performance evaluation system, which is directed by GDP, has given arise to a series of issue, such as the accelerating growth of income gap. As a result, adopting the valuable experience of Korean as a reference and integrating it into Chinese reform would have substantial impact on the success of reform.

1. Introduction

2. The Current Situation of Income Distribution in Korea

3. The Policy of Korean Income Distribution

4. The Apocalypse to China

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