Study on the Measurement of the Development Level of Common Prosperity

Constructing a comprehensive prosperity evaluation index system from the dimensions of“affluence”and“commonality,”consisting of 23 detailed indicators,this study utilizes the entropy method and provincial panel data from 2011 to 2020 to measure the level of common prosperity across Chinese provinces.The research findings indicate an overall upward trend in the common prosperity development level among provinces during the sample period.Beijing,Shanghai,Zhejiang,Guangdong,and Jiangsu exhibit the highest common prosperity indices at the provincial level.From a spatial perspective,significant disparities exist in the common prosperity levels among different regions.Consequently,policy recommendations are proposed:Tailoring strategies for regional development based on realities,reinforcing regional coordinated development,and promoting the advancement of common prosperity.

Digital Infrastructure and Common Prosperity: An Influence Mechanism and Effect Test

Common prosperity is an important goal of China’s modernization efforts,and narrowing the income gap among different regions and populations is crucial to achieving common prosperity.The construction of digital infrastructure has significantly boosted productivity and facilitated the diffusion of technology in less developed regions,leading to notable changes in labor employment and the income gap,which aligns with the goal of common prosperity.This paper explores the mechanism through which digital infrastructure influences common prosperity with a focus on employment,using panel data from 30 provinces in China between 2011 and 2021 for an empirical test.The research finds that digital infrastructure significantly promotes common prosperity.By expanding employment and increasing labor remuneration,the influence of digital infrastructure on common prosperity exhibits regional heterogeneity and a nonlinear threshold effect.The research suggests that the government should enhance investment in and construction of digital infrastructure,reduce the digital divide through policy support in rural areas,promote digital employment and skills training,and encourage industrial integration and enterprise participation.

Accelerating the Digitalization Process in Rural China and Promoting Common Prosperity

Under the historical background of promoting agricultural and rural modernization in an all-round way,this paper deeply analyzes the practical significance of digital construction in rural China,and explores the problems in the digitalization level of rural infrastructure,farmers digitalization awareness and accomplishment,and agricultural digital system.Countermeasures and suggestions are put forward from four aspects:digital village construction policy system,rural digital infrastructure construction,rural digital talent cultivation system,and agricultural digital system,and the rural digital construction of Huzhou City is taken as an example,in order to further realize the goal of empowering rural farmers with digital technology for common prosperity.

A study on the influencing factors of rural tourism promoting households'shared prosperity in Yinan County of Shandong Province

This study examines the influencing factors of rural tourism in promoting shared prosperity among households,using the case study of Yinan County in Shandong province,China.The research aims to provide insights into the economic benefits experienced by low-income households in the context of rural tourism development.Based on field research conducted from April 8,2023,to May 17,2023,including interviews and site visits,the study constructs an evaluation index system to assess the influencing factors.Through expert scoring and the application of a weighted set-valued mathematical statistical model,the importance and quantification of each factor are determined.The results indicate that the current stage of promoting shared prosperity through rural tourism in Yinan County is primarily influenced by the scale of tourist consumption of external visitors.This factor outweighs others such as the participation capacity and willingness of low-income households,the capacity of investment enterprises,and the policies and financial allocation of the local government.The findings emphasize the significance of external visitor spending and highlight the need to address the obstacles faced by low-income households in accessing economic benefits.The evaluation index system and measurement model presented in this study offer a scientific basis for assessing and improving the income situation of low-income households in rural tourism development initiatives.However,it is crucial to note that the importance of these influencing factors may evolve with the lifecycle of the tourism destination.Future research should include long-term tracking and consider a broader range of indicators to deepen our understanding of their mechanisms and significance.Furthermore,alternative approaches and theories may provide valuable perspectives for further exploration in this field.

China Natural Gas Industry Prosperity Index for the 1st Quarter of 2024

The statistics of the China matural gas industry prosperity index showed that the China natural gas industry prosperity index was 302.84 in the 1st quarter of 2024,up 3.6%from the 4th quarter of 2023,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 428.78 in the 1st quarter of 2024.

Youth Exchange“Harmony for Shared Prosperity”

Contemporary World Magazine,which is affiliated to the International Department of the CPC Central Committee(IDCPC),held an exchange act ivi ty themed on“Harmony for Shared Prosperity”in Beijing on May 7,2024.

China Natural Gas Industry Prosperity Index for the 2nd Quarter of 2024

The statistics of the China natural gas industry prosperity Index showed that the China natural gas industry Prosperity Index was 312.46 in the 2nd quarter of 2024,up 3.2%from the 1st quarter of 2024,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 447.03 in the 2nd quarter of 2024,up 4.3%from the 1st quarter of 2024.

Pockets of Prosperity

As African countries look to enhance their manufacturing industries and speed up industrialisation,they are learning valuable insights from the development experience of industrial parks worldwide,particularly from China.

Inclusive Finance,Income Gaps and Common Prosperity

According to the Report to the 20^(th) CPC National Congress,delivering common prosperity for all the people is an intrinsic requirement of Chinese modernization.Based on China Household Finance Survey(CHFS)data from 2015 to 2019,this study examines the effects of inclusive finance on China’s household income disparities and demonstrates how inclusive finance contributes to shared prosperity.Our empirical research reveals that inclusive finance has significantly decreased the income disparities between Chinese households.Inclusive finance has significantly increased the income levels of households below the 40^(th) percentile,making it more likely for them to move above the 40^(th) percentile of incomes,which is conducive to delivering common prosperity.Our analysis indicates that inclusive finance will reduce income disparities by assisting low-income households in starting a business and by promoting rural household employment.Reflecting its inclusive nature,further investigation reveals that inclusive finance has a greater positive impact on the income level of vulnerable households.Our research offers new evidence for comprehending the role of inclusive finance and a new interpretation of income disparities,with policy implications for accelerating Chinese modernization.

The Institutional Framework of Common Prosperity in the Process of Chinese Modernization

The report to the 20th CPC National Congress makes it clear that achieving common prosperity for all is an essential requirement of Chinese modernization,and that China has come to a historical period when concrete measures can be taken to promote common prosperity with a well-researched and effective system.In the new journey of Chinese modernization,we must correctly understand productive forces and production relations,properly handle the relation between efficiency and fairness,and promote common prosperity with sound systems.Therefore,efforts must be made to create an institutional framework of common prosperity that involves three pillars—socialism with Chinese characteristics as the fundamental system,improving the efficiency and vitality of productive forces as the basic system,and preserving fairness and adjusting productive relations and income distribution as the foundational system.To succeed,we must do the following three things.First,we should uphold the system where the Party leads the country,and all our work and the people run the country.Second,we should improve the basic economic system in which public ownership is the mainstay,the high-level socialist market economy,related systems,to promote high-quality economic development,and auxiliary systems to realize common prosperity with the digital economy.Third,we should perfect the institutional arrangements related to primary,secondary,and tertiary income distribution.

People's Well-rounded Development:The Value Orientation of Common Prosperity in the New Era

Achieving common prosperity for all is an important feature of Chinese modernization and an essential requirement of socialism with Chinese characteristics,with the core value orientation of promoting the people’s well-rounded development.This reflects the close relationship between people’s well-rounded development and common prosperity and implies that common prosperity is not just an economic issue,but also a political matter,a moral subject,and a human rights goal.Being“people-centered”is the core positioning of common prosperity,with its inherent collective and individual attributes.In terms of the object dimension of prosperity,it encompasses a wide range of rights such as material and spiritual well-being,which are advanced in a coordinated manner,and a deepening level of guarantee gradually improving.In the practical concept of“shared development,”it emphasizes the unity of state obligations and individual responsibilities,as well as the phased approach and promotion of common prosperity through the rule of law.Therefore,the essence of common prosperity lies in shifting from a“material-centered”perspective to a“people’s well-rounded development-centered”perspective.It combines the principles of fairness and inclusiveness with the recognition of diverse developmental needs.The focus is on enhancing the subjective initiative of the people,aiming to truly achieve the happiness of the people and promote people’s well-rounded development through the realization of“common prosperity.”

The Rights Logic of Common Prosperity:Structure,Evolution,and Path to Implementation

The concept of common prosperity embodies the right of the people to a happy life,which is in line with General Secretary Xi Jinping’s proposition that“the people’s happiness is the greatest human right.”Its rights structure has the attributes of collective rights,reflecting the people’s pursuit of material civilization,spiritual civilization,harmony,beauty,and other social values.The realization of these rights is based on individual diligent labor and also entails human rights responsibilities of the state and society.Since the Third Plenary Session of the 11th Central Committee,China has pursued the basic policy of reform and opening-up,dismantling institutional barriers that hindered the development of productivity and the full realization of rights.This has stimulated the initiative,enthusiasm,and creativity of the people in their endeavors and entrepreneurship,leading to a historic leap from standing up to becoming prosperous.The living standards of the people have greatly improved.In the new journey toward achieving the second centenary goal,China should follow the important discourse of General Secretary Xi Jinping on respecting and protecting human rights,take the path of socialist human rights with Chinese characteristics,and better meet the growing aspirations of the people for a better life in the pursuit of high-quality economic development.

Analysis of China Natural Gas Industry Prosperity Index for the 2nd Quarter of 2023

The statistics of the China Natural Gas Industry Prosperity Index showed that the China Natural Gas Industry Prosperity Index was 266.31 in the 2nd quarter of 2023,up 3.5%from the 1st quarter of 2023,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 371.69 in the 2nd quarter of 2023,up 5.1%from the 1st quarter of 2023,an increasingly prosperous state in the short term and a very prosperous state in the medium to long term.

Analysis of China Natural Gas Industry Prosperity Index for the 3rd Quarter of 2023

The statistics of the China natural gas industry prosperity index showed that the China natural gas industry prosperity index was 277.03 in the 3rd quarter of 2023,up 4.0%from the 2nd quarter of 2023,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 390.88 in the 3rd quarter of 2023,up 5.2%from the 2nd quarter of 2023,an increasingly prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas sales companies was 181.91 in the 3rd quarter of 2023,up 3.3%from the 2nd quarter of 2023,a recovery in the short term and a prosperous state in the medium to long term;the prosperity trend index of the natural gas industry in the coming year for the 3rd quarter of 2023 was 538.84,up 6.4%from the 2nd quarter of 2023,a very prosperous state,indicating that natural gas industry experts are optimistic about the natural gas industry’s prosperity trend in the coming year(Fig.1 and Table 1).

Analysis of China Natural Gas Industry Prosperity Index for the 1st Quarter of 2023

The statistics of the China Natural Gas Industry Prosperity Index showed that the China Natural Gas Industry Prosperity Index was 257.42 in the 1st quarter of 2023,up 4.7%from the 4th quarter of 2022,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 353.73 in the 1st quarter of 2023,up 6.3%from the 4th quarter of 2022,an increasingly prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas sales companies was 174.44 in the 1st quarter of 2023,up 3.3%from the 4th quarter of 2022,a recovery in the short term and a prosperous state in the medium to long term;the prosperity trend index of the natural gas industry in the coming year for the 1st quarter of 2023 was 462.27,up 6.9%from the 4th quarter of 2022,a very prosperous state,indicating that natural gas industry experts are optimistic about the natural gas industry’s prosperity trend in the coming year.See Fig.1 and Table 1 for details.

BRI:A Path to Common Prosperity

Since it was first proposed in 2013,the Belt and Road Initiative(BRI)has vigorously propelled the economic and trade cooperation between China and ASEAN member states.Over the past decade,China and ASEAN countries have collaborated extensively on infrastructure development,with many flagship projects now in operation or under construction,especially in the fields of energy and transportation,delivering tangible benefits to people’s livelihood and local economy.The following projects are considered landmark achievements of China-ASEAN Belt and Road cooperation.

From Poverty to Prosperity

China’s Rural Revitalization:The Gansu Experience Author:David W.Ferguson Paperback,334 Pages Published by Foreign Languages Press In 2021,President Xi Jinping announced the realization of China’s First Centenary Goal-building a moderately prosperous society in all respects.This success involved the elimination of ab­solute poverty in China,which was a step in a process rather than the end goal.Revitalization of once-impoverished rural areas is still underway.

China Natural Gas Industry Prosperity Index for the 4th Quarter of 2023

The statistics of the China Natural Gas Industry Prosperity Index showed that the China Natural Gas Industry Prosperity Index was 292.43 in the 4th quarter of2023,up 5.6% from the 3rd quarter of 2023,a stably prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas production companies was 412.81 in the 4th quarter of 2023,up 5.6% from the 3rd quarter of 2023,an increasingly prosperous state in the short term and a very prosperous state in the medium to long term;the prosperity index of natural gas sales companies was 192.67 in the 4th quarter of 2023,up 5.9% from the 3rd quarter of 2023,a recovery in the short term and a prosperous state in the medium to long term;the prosperity trend index of the natural gas industry in the coming year for the 4th quarter of 2023 was 575.96,up 6.9% from the 3rd quarter of 2023,a very prosperous state,indicating that natural gas industry experts are optimistic about the natural gas industry's prosperity trend in the coming year.

A Route to Prosperity

This year marks the 10th anniversary of the Belt and Road Initiative(BRI).Over the past decade,visions have become realities.Even though we have a million reasons to celebrate on such a memorable occasion,I suggest we take time to reflect.What should we think about?The BRI and its decadelong practice have given us much space to think.

Goal Evolution and Promotion Strategies of Rural Revitalization in the View of Common Prosperity

Rural revitalization is not only an important development goal for the Chinese government, but also a path to development. It is a crucial strategic choice of socialism with Chinese characteristics in a new epoch that to achieve both urban-rural and intrarural prosperity in the course of promoting rural revitalization. In the context of common prosperity, the key to achieving rural revitalization is to strive for the year 2050 long-term objectives of “robust agriculture, beautiful countryside and well-off farmers”, while also accelerating efforts to meet the mid-term targets of “improving the quality and efficiency of agriculture, making rural areas suitable to live and work, and ensuring farmers are affluent and well-off”. In terms of a strategic path, it is vital to combine endogenous growth with a sharing mechanism, with the former aiming to stimulate the internal vitality of rural areas and unleash their growth potential, and the latter to ensure that wealth is shared among all people and access to basic public services is made equal. To implement the strategy, it is suggested to take a regionally differentiated approach and a classification differentiated approach by scientifically grasping rural differences and identifying policy priorities, and explore innovative and diversified mechanisms of rural common prosperity.