The Resolution of the CPC Central Committee on the Major Achievements and Historical Experience of the Party over the Past Century adopted last November at the sixth plenary session of its 19th Central Committee reiterates that China will promote common prosperity for all people. The phrase common prosperity has gained prominence as China is determined to bring better lives to more people.Generations of the CPC’s top leaders attached great importance to common prosperity.
Common prosperity does not mean building an egalitarian or a welfare state. It is by no means robbing the rich to help the poor as misinterpreted by some Western observers. According to President Xi Jinping’s speech delivered at the 2022 World Economic Forum Virtual Session, “the common prosperity we desire is not egalitarianism. To use an analogy, we will first make the pie bigger, and then divide it properly through reasonable institutional arrangements.
Echoing the government’s call for common prosperity, big enterprises and business leaders in China have taken the initiative to share their profits for the common good by making donations and providing social supports to narrow income disparities.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PayedIn launches e-payment solution in Nigeria | The Guardian Nigeria News - Nigeria and World NewsPayedIn Technology, a fintech company, has launched a simple-to-use payment solution in Nigeria to support the digital economy.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
The Madus and our rough roads | The Guardian Nigeria News - Nigeria and World NewsThe legendary Tai Solarin of blessed memory in an unusual new year’s wishes echoed the word “may your road be rough.” That happened several decades ago, and it was well analyzed over some time in Nigeria.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
The political economy of Lagos police checkpoints | The Guardian Nigeria News - Nigeria and World NewsThis discussion point isn’t another seminal article on the expediency of adequate funding or reform of the police service in Nigeria. You mean Lagos Police tollgates?
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Anambra Police probe another schoolboy’s death | The Guardian Nigeria News - Nigeria and World NewsThe Anambra State Police Command, yesterday, said it was launching an investigation into the death of another schoolboy at St.Valerian Catholic School in Onitsha, following alleged beating by a female teacher.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Berlusconi pulls out of Italian presidential race | The Guardian Nigeria News - Nigeria and World NewsBillionaire former premier Silvio Berlusconi withdrew from the race for Italy's presidency on Saturday, two days before voting starts, but repeated his opposition to Prime Minister Mario Draghi taking the job. You don’t say
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Deadly fighting between IS, Kurd forces in Syria | The Guardian Nigeria News - Nigeria and World NewsFighting raged for a third day Saturday between the Islamic State group and Kurdish forces in Syria after IS attacked a prison housing jihadists, in violence that has claimed over 70 lives, a monitor said. The assault on the Ghwayran prison in the northern city of Hasakeh is one of IS’s most significant since its […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »