Xi calls for common prosperity push
Print Edition
President Xi Jinping has called for efforts to promote common prosperity in the pursuit of high-quality development and coordinate work on forestalling major financial risks.
Xi made the remarks at the tenth meeting of the Central Committee for Financial and Economic Affairs on Tuesday. He is also head of the committee.
Common prosperity is an essential requirement of socialism and a key feature of Chinese-style modernization, Xi said, calling for adhering to the people-centered development philosophy and promoting common prosperity while pursuing high-quality development.
Noting that finance is the core of the modern economy, he stressed that efforts to fend off major financial risks should be coordinated in line with market principles and the rule of law.
The meeting heard reports from relevant departments on advancing common prosperity as well as forestalling major financial risks and stabilizing financial development.
As China marches toward its second centenary goal, the focus of promoting people’s well-being should be put on boosting common prosperity to strengthen the foundation for the Party’s long-term governance, said the meeting.
Rather than being egalitarian or having only a few people prosperous, common prosperity refers to affluence shared by everyone, both in material and cultural terms, and shall be advanced step by step, it said.
The meeting encouraged creating conditions that are more inclusive and fair for people to get better education and improve their capabilities, as well as shaping a development environment that provides chances for more people to become wealthy.
The meeting called for establishing a scientific public policy system and a reasonable distribution system that benefits everyone with a focus on primary and inclusive projects that facilitate people’s well-being and guarantee their basic needs.
Achieving common prosperity will be a long-term, arduous and complicated task that should be promoted in a gradual and progressive manner, it said, adding local authorities will be encouraged to explore effective ways that suit local conditions.
The meeting underlined efforts to properly deal with the relationship between efficiency and fairness, make basic institutional arrangements on income distribution, expand the size of the middle-income group, raise the earnings of low-income groups, adjust excessive incomes and prohibit illicit income to promote social fairness and justice.
Hailing the importance of advancing balanced, coordinated and inclusive development, the meeting stressed that China should improve the socialist market economy, strengthen balanced development among regions and promote coordinated development across industries.
Basic public services should be made more equally accessible by increasing inclusive human resources investment and improving the systems of elderly care, medical security and housing supply, the meeting noted.
The meeting called for protecting property rights, intellectual property rights and money-making through legal means and facilitating the well-regulated and healthy development of different types of capital.
The country should promote common prosperity among farmers and in rural areas, consolidate and expand achievements in poverty elimination, and advance rural vitalization on all fronts.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
