China’s common prosperity push is accelerating, but how will life change in 10 years under Xi Jinping?
- President Xi Jinping has been pushing for so-called common prosperity, which is aimed at narrowing the nation’s persistent wealth gap
- But what do the up-and-coming voices in some key areas of the economy think about the outlook for the country?
It has been a year of overwhelming change for China, and the fundamental shift in the relationship among the country’s government, businesses and citizens is a long way from complete.
The drive has dovetailed with a clampdown on the entertainment industry that has targeted live-streamers and actors over tax evasion, and placed “improper” celebrity culture under scrutiny.
The changes look set to last. A landmark historical resolution published in November – only the third of its sort in the Chinese Communist Party’s history – puts common prosperity at the heart of the government’s aims.
While the average age of the party’s Central Committee is about 60, and the president himself is 68, the shifts being implemented now will most profoundly affect the lives of younger Chinese people.
So what do the up-and-coming voices in some key areas of the economy think about the outlook for the country?
Ren Yi, online commentator (Early 40s, Beijing)
