In accordance with the Outline of the 14th Five-Year Plan of the National Economic and Social Development of the People's Republic of China and the Vision 2035, we will formulate an action program and implementation plan to achieve common prosperity by 2035 and define the main ways of development in the political, economic, social, cultural, and ecological construction fields.

Common prosperity is a fundamental goal foreseen by Marxism. In his Economic Manuscripts 1857–1858, Marx pointed out that in the new social system, the development of social productive forces would be so rapid that production would aim at the enrichment of all people. In the modern history of the world, there were decades of socialist practice in the Soviet Union and Eastern European countries, but this social practice failed around 1990 with the collapse of the Soviet Union and the dramatic changes in Eastern Europe, and all these countries also became class-divided and stratified countries, a great historical regression.

This open access book is a new study and looks into the great significance and world significance of China's realization of common prosperity

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.

The process of China comprehensively building a well-off society is one where the phenomenon of poverty is continuously reduced, and the people become increasingly prosperous. Poverty alleviation, comprehensive well-being, and common prosperity are interconnected and internally consistent, yet each has its own emphasis and differences. Poverty alleviation is an important part of and the bottom-line task for comprehensive well-being. Only by winning the battle against poverty can the "quality" of a comprehensive well-off society be ensured. Comprehensive well-being is an important foundation for achieving common prosperity. Only by realizing comprehensive well-being can a solid foundation be laid for achieving common prosperity. Common prosperity is the ultimate goal of poverty alleviation and comprehensive well-being. Only by promoting common prosperity can the achievements of poverty alleviation and comprehensive well-being be truly consolidated, further highlighting the superiority of the socialist system with Chinese characteristics.

The main goal of achieving common prosperity is to comprehensively narrow the gap between urban and rural areas, regional development, and residents' income, achieve equalization of basic public services for all people, and achieve "more obvious and substantial progress in the common prosperity for everyone" by 2035. This is an important part of China's socialist modernization strategy to enrich the people (common prosperity) and strengthen the country. For this purpose, according to the Outline of the 14th Five-Year Plan, we propose an action plan to study and formulate how to promote common prosperity and clarify the basic direction, main objectives, key tasks, pathways, methods, and policy measures for common prosperity.

以中国式经济现代化为主题,定性分析与量化计算了到2035年中国经济增长潜力及发展趋势.并对未来中国经济发展所面临的机遇和挑战进行前瞻性分析.我国发展面临新的战略机遇主要是:经济保持中高速增长、人口红利向人力资本红利转变、已经建立世界最完备的工业体系、超大规模市场需求与消费结构升级、新技术革命和产业变革、全面深化改革与对外开放.同时,我国经济发展也面临重要的挑战,包括大规模人口老龄化、科技创新能力还不强、疫情反复冲击、改革的边际成本增加以及美国与中国的全面竞争.只要能够抓住战略机遇,积极并有效地应对未来所面临的重大挑战,中国将如期实现2020—2035年GDP增长翻一番的目标,并于2035年基本实现社会主义现代化.为此提出了应对各种挑战的思路和政策建议.

The Fifth Plenary Session of the 19th CPC Central Committee clearly stated: By 2035, our country's GDP per capita will reach the level of medium-developed countries, the middle-income group will be significantly expanded, the basic public services will be equalized, and the gap between urban and rural regional development and the gap in living standards will be significantly narrowed; people's lives will be better, and people's all-round development will be improved. More obvious substantive progress will be made for the common prosperity of all people.

Modernization has recently become the major trend in world historical development. However, there is no fixed pattern for the path to modernization—only when each individual country walks its own path that matches its national conditions can it be successful.