The CCP's leading theoretical fortnightly Qiu Shi (October 15) published an article by Xi Jinping
captioned 'Solidly promoting common prosperity', which contained remarks on common prosperity
made in his speeches in 2021. Xi Jinping said that "After the reform and opening up, our Party
profoundly summarized both positive and negative historical experiences, realized that poverty is
not socialism, broke the traditional institutional constraints, allowed some people and some regions
to get rich first, and promoted the liberation and development of social productive forces". Since
the 18th Party Congress, it said, the Party Central Committee has "put the gradual realization of
common prosperity for all people on a more important position, promoted coordinated regional
development, taken strong measures to protect and improve people's livelihood, won the battle
against poverty, and built a moderately prosperous society, creating good conditions for promoting common prosperity". It said that "Now, it has reached the historical stage of solidly promoting
common prosperity". It added that the promotion of common prosperity for all people must be the
focus point for the people's happiness and continuously strengthen the Party's long-term ruling
foundation. Pointing out that "the global income inequality problem is prominent, some countries
are divided between the rich and the poor,", the article emphasised: "Our country must resolutely
prevent polarization, promote common wealth, and achieve social harmony and stability". It added
"At the same time, it must be soberly recognized that the problem of unbalanced and inadequate
development in China is still prominent, with a large gap between urban and rural regional
development and income distribution". Xi Jinping said "Common prosperity is the essential
requirement of socialism and an important feature of Chinese-style modernization. The common
affluence we are talking about is the common affluence of all people, the affluence of both the
material and spiritual life of the people, not the affluence of a few, nor the neat and uniform
egalitarianism". The article identified this as the goal for the middle of this century.
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