重要解释 meaning in English

significant interpretation

Firstly , the author discusses three results caused by the gradual market transition of capital : the income from property make a bigger proportion in personal income ; the difference in income from property become more responsible for the difference in personal income ; the returns to education has been increased indirectly
第三部分是资本市场化对城镇居民收入分配的影响。首先，笔者论述了渐进的资本市场化过程对城镇居民收入分配的影响：财产性收入在个人收入中所占比重的增大、财产性收入成为居民收入差距的重要解释因素，间接促进教育收益率提高。