A man takes photos of a Ferrari exhibition in Beijing, China. Pic: AP.

BEIJING (AP) — China’s government has issued a sweeping promise to narrow the politically volatile gulf between its rich and poor with measures including reining in pay for executives at state companies.

The pledge issued late Tuesday gave few details but promised more spending on education, job training and social programs.

(READ MORE: A million millionaires: Can China’s income equality figures be believed?)

Chinese leaders have promised repeatedly to spread prosperity to the country’s poor majority but detailed commitments have been delayed by disputes over how politically favored companies and other factions would be affected.

Subscribe to Asian Correspondent

Receive our weekly round-up of the most important stories in Asia

We will never give away, trade or sell your email address. You can unsubscribe at any time.