China’s Innovative Practice of Common Wealth

From the practice of socialist modernization since the founding of the People's Republic of China, all the people have gained unprecedented improvements in economic and social welfare in the course of the country's economic development at different stages of development, and common prosperity has always been the basic guideline of the Communist Party of China in its governance. However, the way of realizing common prosperity, the degree of its realization and the form of its manifestation have been inherited and varied at different stages of development.