5min chapter

Inside China cover image

Xi’s new era: analysing China’s 20th Party Congress

Inside China

CHAPTER

Common Prosperity and Self-Sufficiency Strategy

Is there any expectation that some measures is going to be rolled out in the next few months to address this kind of concerns? I think it's a very good question. During this period of time, or I will call it a transition time, China is expected to still face a hard time trying to stabilize its economy. But on the other hand, China has also a middle income group, which is now rich to 400 million. And if China really wants to realize and give a substantial push on common prosperity, then it is also important to boost the group of middle income class.

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