In 2015, China’s President Xi Jinping set a deadline of 2020 to eradicate poverty in China, with 850 million Chinese taken out of extreme poverty in the past 40 years.
The chief executive should set a bold target of eradicating the long-time problem of substandard housing by 2032. What he needs is to take a whole-of-government approach to resolving the issue, as Xi Jinping did to tackle poverty.
Exchanges following the UN human rights chief’s visit to Xinjiang do little to advance the cause, particularly when there are reasons to worry elsewhere in the world.
Xi Jinping’s push for ‘common prosperity’ has merit because the current course can only threaten social, political and economic stability, even in the biggest and wealthiest countries.
President Xi Jinping’s rhetoric on common prosperity, which calls for the people to share in the opportunity to be wealthy, has surged this year.
More than a dozen government agencies in China have vowed to make it easier for migrants in cities to tap into public services, such as healthcare, in a bid to boost economic activity
China’s government says it has averted a large-scale return to poverty after a year of coronavirus outbreaks and economic challenges, but the declining incomes of rural migrant workers remains a pressing issue.
Amid worries that China is heading down another planned-economy path, Hu Deping weighs in with a pro-market perspective and warning that a government-controlled rural cooperative economy must be avoided.
Constitutional revisions also call for acceleration of the ‘dual circulation’ concept.
President Xi Jinping outlined how China will keep ‘income distribution and the means of accumulating wealth well-regulated’ at the 20th party congress, triggering fresh worries among the wealthy and upper middle-class.
Senior Communist Party ideologist Han Baojiang says that a further emphasis is to be placed on the common prosperity initiative that calls for an even distribution of wealth during the 20th party congress next month.
Party congress expected to celebrate last year’s declared success in lifting lowest incomes and turn focus to 2049 goal.
Xi Jinping’s wide-ranging economic reforms have seen China expand its global influence with the Belt and Road Initiative and reorient domestic development through ‘Dual Circulation’.
President vows to peg the country’s modernisation to the principle of ‘wealth and happiness for all’.
Former Australian prime minister says China is dealing with ‘self-inflicted’ problems, including ‘poor policy choices’, and that economic growth is the Communist Party’s top challenge this year.
A year after President Xi Jinping declared an end to extreme poverty in China, the economic fallout from Beijing’s zero-Covid ambitions is taking a hefty toll on livelihoods, especially in poorer regions.
Xi Jinping’s trademark plan to reduce wealth inequality is being hampered by confusion, especially at the local level, about how best to help poor citizens and drive development.
The National Development and Reform Commission (NDRC) has warned local authorities against over-promising on social welfare amid Beijing’s push to reduce inequality.
World Bank Group also warns that the pandemic has widened the rich-poor gap, particularly in emerging markets and developing economies such as China.
The contrasting lives of two coronavirus carriers in Beijing, outlined in newly-released epidemiological reports, have sparked heated social media discussion about inequality in China.
President Xi Jinping has been pushing for so-called common prosperity, which is aimed at narrowing China’s persistent wealth gap, but what citizens on the ground think about the outlook for the country?
Ensuring supplies of primary products a major strategic issue, Xi tells Communist Party inner circle.
China’s largest PC maker grilled on social media over its sale of state assets, high executive pay and its foreign executives threatening national security. Owners of private companies in China worry they’re next.
China’s property tax plan is part of Xi Jinping’s so-called common prosperity campaign to redistribute wealth and to address widening social inequality, but the proposal has caused some concern especially among the middle class population.
Readers discuss Hong Kong’s contribution to the climate change fight, China’s poverty reduction efforts, frugal lifestyles and digital versus printed media.
President Xi Jinping has declared that the time has come to advance the goal of “common prosperity” and give all citizens the opportunity to be wealthy. This series looks at inequality caused by China’s rapid economic development, and how the country is now trying to bridge the gap.