Solidly promoting common prosperity Source: Seeking truth 2021/20 Author: Xi Jinping 2021-10-15 15:10:31

Xi Jinping

After the reform and opening up, our Party profoundly summarized both positive and negative historical experiences, realized that poverty is not socialism, broke the traditional institutional shackles, allowed some people and regions to get rich first, and promoted the liberation and development of social productive forces.

Since the 18th Party Congress, the Party Central Committee has grasped the new changes in the stage of development, put the gradual realization of common prosperity for all people on a more important position, promoted coordinated regional development, taken strong measures to protect and improve people’s livelihood, won the battle against poverty, and built a moderately prosperous society, creating good conditions for promoting common prosperity. Now, it has reached the historical stage of solidly promoting common prosperity.

Now, we are moving toward the second century goal. To adapt to the changes in the main contradictions of our society and better meet the growing needs of the people for a better life, we must take the promotion of common prosperity for all people as the focus point for the people’s happiness and continuously strengthen the Party’s long-term ruling foundation. High-quality development requires high-quality workers, and only by promoting common prosperity, raising the income of urban and rural residents and improving human capital can we improve total factor productivity and solidify the power base of high-quality development. At present, the global income inequality problem is prominent, some countries are divided between the rich and the poor, the middle class collapse, leading to social tear, political polarization, populism proliferation, the lesson is very profound! Our country must resolutely prevent polarization, promote common wealth, and achieve social harmony and stability.

At the same time, it must be soberly recognized that the problem of unbalanced and inadequate development in China is still prominent, with a large gap between urban and rural regional development and income distribution. The new round of scientific and technological revolution and industrial changes have given a strong impetus to economic development, and also brought profound impact on employment and income distribution, including some negative effects, which need to be effectively tackled and resolved.

Common prosperity is the essential requirement of socialism and an important feature of Chinese-style modernization. The common affluence we are talking about is the common affluence of all people, the affluence of both the material and spiritual life of the people, not the affluence of a few, nor the neat and uniform egalitarianism.

On the morning of May 14, 2021, Xi Jinping, general secretary of the CPC Central Committee, president and chairman of the Central Military Commission, presided over a symposium on promoting the high-quality development of the South-North Water Diversion Follow-up Project in Nanyang City, Henan Province, and delivered an important speech. This is before the symposium, Xi Jinping on 13 in Nanyang Xichuan County, the town of Zouzhuang Village, the use of South-to-North Water Transfer Migrant Village Industrial Development Fund established Danjiang green fruit and vegetable garden base, with villagers cordial exchanges. Xinhua News Agency reporter Wang Ye / photo

To study in depth the goals of different stages, to promote common prosperity in stages: by the end of the “14th Five-Year Plan”, the common prosperity of the entire population to take a solid step forward, the gap between the income of residents and the actual level of consumption gradually reduced. By 2035, the common prosperity of all people will have made more obvious and substantial progress, and basic public services will have been equalized. By the middle of this century, the common prosperity of all the people will be basically realized, and the gap between the income of the residents and the actual consumption level will be narrowed to a reasonable range. We should urgently formulate an action plan to promote common prosperity, and propose a scientific and feasible indicator system and assessment methods in line with national conditions.

To promote common prosperity, the following principles should be grasped.

– Encourage hard work and innovation to get rich. Happy life is all out of struggle, common prosperity depends on hard work and wisdom to create. We must insist on safeguarding and improving people’s livelihood in the midst of development, put the promotion of high-quality development in the first place, create more inclusive and fair conditions for people to improve their education and development capabilities, enhance human capital and professional skills of the whole society, improve the ability of employment and entrepreneurship, and strengthen the ability to get rich. It is necessary to prevent social stratification, open upward mobility channels, create opportunities for more people to become rich, form a development environment in which everyone participates, and avoid “in-rolling” and “lying flat”.

From April 25 to 27, 2021, Xi Jinping, general secretary of the CPC Central Committee, president of the country and chairman of the Central Military Commission, visited Guangxi. This is the morning of the 27th, Xi Jinping in Nanning City, outside the Guangxi Museum of Nationalities, and participate in the March 3 “Song Wei Festival” ethnic cultural activities of the people of various ethnic groups cordial exchanges. Xinhua News Agency reporter Xie Huanchi / photo

–Adhere to the basic economic system. Based on the primary stage of socialism, adhere to the “two unwavering”. To adhere to the public sector as the main body, the common development of a variety of economic ownership, and vigorously play an important role in promoting common prosperity in the public sector economy, while promoting the healthy development of the non-public sector economy, the healthy growth of non-public sector economic personnel. To allow some people to get rich first, at the same time, we must emphasize the rich first to bring the rich later, help the rich later, focusing on encouraging hard work, legal business, dare to start a rich leader. Relying on deviant to get rich can not be advocated, illegal and illegal to deal with the law.

–To the best of their ability to do. To establish a scientific public policy system, the cake is well divided, the formation of a reasonable distribution pattern for all. We need to make the people feel more gainful with greater efforts and more practical initiatives. At the same time, we must also see that the level of development in China is still a big gap from the developed countries. It is necessary to coordinate the needs and possibilities, to build the protection and improvement of people’s livelihood on the basis of economic development and financial sustainability, and not to be overly ambitious, hang high appetite and make promises that cannot be fulfilled. The government can’t cover everything. The focus is to strengthen the construction of basic, universal and bottom-up livelihood protection. Even if the level of development is higher and the financial resources are stronger in the future, it is not possible to mention too high goals, engage in excessive protection, and resolutely prevent falling into the trap of “welfarism” and raising lazy people.

–Adhere to the gradual and orderly progress. Common prosperity is a long-term goal, a process is needed, it is impossible to achieve overnight, its long-term, difficult, complex to have a full estimate, to do a good job, can not wait, and can not be rushed. Some developed countries have been industrialized for hundreds of years, but due to the social system, the problem of common prosperity has not yet been solved, the problem of disparity between the rich and the poor is becoming increasingly serious. We need to have patience, realistically one thing one thing to do to improve the effectiveness. To grasp the construction of Zhejiang common prosperity demonstration area, encourage local conditions to explore effective paths, sum up experience, and gradually roll out.

The general idea is to adhere to the people-centered development ideology, promote common prosperity in high-quality development, correctly deal with the relationship between efficiency and fairness, build a basic institutional arrangement that coordinates the primary distribution, redistribution and three distributions, increase the regulation of taxation, social security and transfer payments and improve the precision, expand the proportion of middle-income groups, increase the income of low-income groups, reasonably regulate high income, outlaw The government should also increase the proportion of the middle-income group, increase the income of the low-income group, reasonably regulate the high-income group, and outlaw illegal income, so as to form an olive-shaped distribution structure with a large middle and small ends, promote social justice and all-round human development, and enable all people to make solid progress toward the goal of common prosperity.

First, improve the balance, coordination and inclusiveness of development. To accelerate the improvement of the socialist market economy system, to promote more balanced, coordinated and inclusive development. To enhance the balance of regional development, implement major regional strategies and regional coordinated development strategies, improve the transfer payment system, reduce regional differences in per capita fiscal spending, and increase support for less developed regions. It is necessary to strengthen the coordination of industry development, accelerate the reform of monopolistic industries,

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    and promote the coordinated development of finance and real estate with the real economy. We should support the development of small and medium-sized enterprises, and build an enterprise development ecology in which large and small enterprises are interdependent and mutually reinforcing.

    Second, focus on expanding the size of the middle-income group. We should seize the key points and implement precise measures to promote more low-income people to move into the middle-income bracket. High school graduates are expected to enter the middle-income group in an important aspect, to improve the quality of higher education, to achieve expertise and usefulness of learning, to help them adapt to the needs of social development as soon as possible. Skilled workers are also an important part of the middle-income group, we should increase the training of skilled personnel, improve the wages of skilled workers, and attract more high-quality personnel to join the skilled workforce. Small and medium-sized enterprise owners and individual entrepreneurs are an important group to start a business and become rich, to improve the business environment, reduce the burden of taxes and fees, provide more market-oriented financial services to help them to stabilize their operations and sustainable income. Migrant workers in the city is an important source of middle-income group, to deepen the reform of the household registration system, to solve the problem of education of children of migrant agricultural workers, so that they feel at ease in the city, stable employment. To appropriately improve the civil servants, especially the grassroots front-line civil servants and grassroots workers in state-owned enterprises and institutions wages. It is necessary to increase the income of urban and rural residents from housing, rural land, financial assets and other types of property.

    Third, promote the equalization of basic public services. Low-income groups are the key people to help and protect to promote common prosperity. We should increase the investment in inclusive human capital, effectively reduce the burden of education on families in need, and improve the education level of children of low-income people. To improve the pension and medical security system, gradually reduce the gap between the funding and security treatment of employees and residents, urban and rural areas, and gradually increase the level of basic pensions for urban and rural residents. To improve the bottom assistance system, accelerate the reduction of the difference between urban and rural standards of social assistance, and gradually improve the level of urban and rural minimum living standards, to cover the bottom line of basic living. To improve the housing supply and security system, adhere to the positioning of the house is used for living, not for speculation, rent and purchase, city-specific policies, improve long-term rental housing policy, expand the supply of subsidized rental housing, focusing on solving the housing problems of new citizens.

    Fourth, strengthen the regulation and adjustment of high income. While protecting legitimate income in accordance with the law, it is necessary to prevent polarization and eliminate inequitable distribution. We should reasonably regulate excessive income, improve the personal income tax system, and regulate the management of capital income. To actively and steadily promote real estate tax legislation and reform, and do a good job of pilot work. To increase the tax regulation of consumption, study the expansion of consumption tax levy. To strengthen the standard management of public welfare charity, improve tax incentives to encourage high-income people and enterprises to give back more to society. To clean up and regulate unreasonable income, increase the management of income distribution in monopolistic industries and state-owned enterprises, rectify the order of income distribution, and clean up the chaos of distribution such as increasing the income of executives in the name of reform. We should resolutely outlaw illegal income, resolutely curb the trading of power and money, and resolutely crack down on insider trading, stock market manipulation, financial fraud, tax evasion and other acts of obtaining illegal income.

    After years of exploration, we have a complete solution to the problem of poverty, but we still have to explore and accumulate experience in the issue of how to get rich. We must protect property rights and intellectual property rights, and protect legal wealth. We should resolutely oppose the disorderly expansion of capital, draw a negative list for access to sensitive areas, and strengthen anti-monopoly regulation. At the same time, it is also necessary to mobilize the enthusiasm of entrepreneurs and promote the standardized and healthy development of all kinds of capital.

    Fifth, promote the common prosperity of people’s spiritual life. Promoting common prosperity and promoting all-round human development are highly unified. We should strengthen the leadership of socialist core values, strengthen patriotism, collectivism and socialism education, develop public cultural undertakings, improve the public cultural service system, and continuously meet the diversified, multi-level and multi-faceted spiritual and cultural needs of the people. To strengthen the promotion of common prosperity public opinion guidance, clarify all kinds of ambiguous understanding, to prevent the rush and fear of difficulties, to promote common prosperity to provide a good public opinion environment.

    Sixth, promote the common prosperity of farmers and rural areas. Promote common prosperity, the most difficult and heavy task is still in the rural areas. The work of common prosperity in rural areas should be tightened, but it is not appropriate to put forward a unified quantitative indicators like poverty eradication. To consolidate and expand the results of poverty eradication, we should strengthen monitoring and early intervention for the population prone to return to poverty, and help the counties out of poverty to send a ride to ensure that no large-scale return to poverty and new poverty-causing. We should comprehensively promote rural revitalization, accelerate agricultural industrialization, revitalize rural assets, increase farmers’ property income, and make more rural residents work hard to become rich. We should strengthen the construction of rural infrastructure and public service system and improve the rural living environment.

    My general view is that, like building a moderately prosperous society, the common prosperity of all people is a general concept for the whole society, not divided into urban and rural areas, or each of the eastern, central and western regions, each mentioning their own indicators, but to look at the whole picture. To achieve common prosperity for 1.4 billion people, we must be down-to-earth and work for a long time, not everyone is rich at the same time, and not all regions reach a level of prosperity at the same time, different people not only achieve a high degree of prosperity, there will be time first and later, there will be some differences in the degree of prosperity in different regions, it is impossible to advance in parallel. This is a dynamic process of development, which must be continuously promoted to achieve results.

    ※This is part of General Secretary Xi Jinping’s speech at the 10th meeting of the Central Finance and Economics Commission on August 17, 2021.