ABSTRACT
China has set the goal of building a well-off society in an all-around way. The construction of a harmonious society is closely related not only to such factors as employment, social security and income distribution, but also to property distribution. Residents’ property value is the result of the long-term accumulation of resident income. The financial assets of Chinese urban residents are mostly bank deposits. Based on the prior analysis of the property distribution of rural and urban residents, the property distribution of national residents is analyzed in a general way. Chinese urban and rural residents have turned into a group of residents with property from a group of residents with hardly any property, or Chinese residents have transformed from proletarian class to the propertied class since the reform and opening-up. China underwent a period when the resident property accumulated rapidly and was divided, and when the property distribution gap between urban and rural residents had exceeded the income distribution gap.
