Moving Upward: Quality-Oriented Development and Social Mobility

Since the beginning of reform and opening up, China has created two miracles. One is sustained and sound economic development, and the other is social security and stability and the two are inextricably interdependent. In particular, society has been able to remain stable, precisely because economic development has yielded remarkable outcomes that have been shared by all. Meanwhile, society as a whole has maintained sufficient mobility, ensuring that everyone is moving upward, improving their lives and working hard to become rich through hard work and active entrepreneurship. As the Chinese economy shifts from fast to quality-oriented development, it is facing the daunting task of transforming the development mode, and improving and upgrading its industries, while ensuring sufficient social mobility.