China vows action on income gap

More state-firm profits would go to social spending

Posted: February 7, 2013 at 3:15 a.m.

An investor looks at the stock price monitor at a private securities company Wednesday, Feb. 6, 2013, in Shanghai, China. Asian shares rose Wednesday as Japan's benchmark surged to its highest level since Sept. 2008 though wariness over corporate earnings pulled European indexes lower in early trading. (AP Photo)

China’s government has pledged to narrow the politically volatile gulf between its rich and poor with measures including requiring state companies to turn over more profits to pay for social programs.

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Business, Pages 25 on 02/07/2013