关键词: 资本收入分配, 主体格局, 住户部门

Abstract: Based on Flow of Funds Accounts, this paper examines the distribution pattern and evolution trend of China's capital income among Households departments, nonfinancial enterprise departments, financial departments, and government departments from 2000 to 2017. The study found that before the distribution of property income, the most obvious change in the pattern of capital income distribution was the rapid decline in the proportion of capital income in the household sector and the rapid rise in the financial sector. The distribution of property income has increased the capital income of residents but has not changed the original trend of change. Further analysis found that the main reason for the decline in the proportion of capital income in the household sector was the “double decline” in the scale and profitability of individual business. The main reason for the rise in the proportion of capital income in the financial sector is the “double rise” in the profitability and operating scale of financial companies. The underlying reasons include the impact of the new economy, the disadvantaged position of the individual economy, and the trend of economic financialization, etc. This article also looks forward to the followup research, and puts forward suggestions on how to deal with the relationship between the development and growth of stateowned enterprises and profit sharing, improve the banking and securities markets to increase the property income of residents, and protect the individual economy of the household sector,etc.

Key words: capital income distribution, main pattern, household sector