The personal income distribution in China was studied by employing the data from China Household Income Projects (CHIP) between 1990 and 2002. It was observed that the low and middle income regions could be described by the log-normal law, while the large income region could be well fitted by the power law. To characterize these empirical findings, a stochastic interactive model with mean-field approach was discussed, and the analytic result shows that the wealth distribution is of the Pareto type. Then we explored the agent-based model on networks, in which the exchange of wealth among agents...
