Common prosperity is part of a process, not a decision made out of the blue, and has long been embedded in the national policies and development plans since the commencement of the reform and opening-up drive.
Dec 20, 2021
It is expected that the summit will polarize the world and new blocks will emerge. It is a bad sign, as the world direly needs cooperation and joint efforts to tackle the issues of pandemic, climate change, food insecurity, shortage of water, and energy.
Dec 8, 2021
The impact of the sixth plenum and the resolution on the Party’s history creates a clear understanding of China’s direction. While this path is clear, the years ahead will likely see further refinements and reforms depending on the conditions and events facing China.
Nov 23, 2021
When Xi’s reforms began stamping out corruption, emphasizing good governance, putting people first, promoting green development and eliminating poverty, this was strangely portrayed in the West as ‘anti-democratic’ and a return to Maoist egalitarianism. It was neither.
Nov 23, 2021
Common prosperity is about sharing wealth with the ‘Third Distribution’ being one mechanism to achieve this. Levelling up says nothing about the contribution expected from the wealthy.
Oct 29, 2021
Every country has the right to choose its own modernization path. The Chinese model of modernization offers a new option to other countries and nations who want to speed up their development while preserving their independence.
Oct 28, 2021
Extreme poverty has been eliminated and more than 770 million have been lifted out of poverty since 1978, which equals 70 percent of the world poverty alleviation total over the same period.
Oct 26, 2021
Seeking common prosperity will not lead to common poverty, but aims to build a fairer and more sustainable society.
Sep 23, 2021
China’s vision of common prosperity is a recognition that a prosperous society and perpetuating growth is not defined purely by a small cohort of wealthy people, but the circulation of wealth throughout society as a whole.
Sep 22, 2021
Common prosperity is not tantamount to the equal distribution of social wealth, but it does intend for the rational redistribution of an ever-rising total social wealth that meets the population’s needs.
Sep 16, 2021
As for China itself, the battle against poverty is not yet over. The next steps are to reduce relative poverty and inequality, vitalize central and western rural areas, and bridge the urban-rural gap.
Sep 10, 2021