Common prosperity is central to promoting well-being as China strives to achieve its second centenary goal of fully building a modern socialist country. Illustration: Lau Ka-kuen Common prosperity is central to promoting well-being as China strives to achieve its second centenary goal of fully building a modern socialist country. Illustration: Lau Ka-kuen
Common prosperity is central to promoting well-being as China strives to achieve its second centenary goal of fully building a modern socialist country. Illustration: Lau Ka-kuen

China’s coming era of ‘common prosperity’ – and what it means for the rich

  • For decades, a few people in the country were allowed to get wealthy first to encourage economic efficiency
  • But the income gap is growing and moves are afoot to get the better off to give back

Topic |   China economy
Common prosperity is central to promoting well-being as China strives to achieve its second centenary goal of fully building a modern socialist country. Illustration: Lau Ka-kuen Common prosperity is central to promoting well-being as China strives to achieve its second centenary goal of fully building a modern socialist country. Illustration: Lau Ka-kuen
Common prosperity is central to promoting well-being as China strives to achieve its second centenary goal of fully building a modern socialist country. Illustration: Lau Ka-kuen
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