Huang Qunhui, Director and researcher of the Institute of Economics, Chinese Academy of Social Sciences, chief editor of Economic Research Journal and Economic Perspectives, President of the School of Economics of the University of Chinese Academy of Social Sciences, Vice President and Chairman of the Chinese Institute of Business Administration, member of the National Manufacturing Power Construction Strategy Advisory Committee, member of the expert advisory group of the Anti-Monopoly Committee of the State Council, member of the National Development Planning Expert Committee during the 14th Five Year Plan period, and member of the National Measurement Strategy Advisory Committee. His researches mainly focus in the fields of development economics and industrial economics. He has published more than 300 academic papers in journals such as Social Sciences in China and Economic Research Journal. The research achievements won him the 12th Sun Yefang Economic Science Award, the 7th Zhang Peigang Development Economics Outstanding Achievement Award, the 2nd Jiang Yiwei Enterprise Reform and Development Academic Fund Outstanding Monograph Award, the 3rd Jiang Yiwei Enterprise Reform and Development Academic Fund Outstanding Paper Award, the 14th China National Book Award, and the 4th“Three Hundred”Original Book Award.

Deng Quheng, Researcher of the Institute of Economics,Chinese Academy of Social Sciences,who mainly focuses in the areas of development economics and labor economics.The achievements of his researches were published in domestic and foreign academic journals such as Economic Research Journal, Journal of Development Studies,Review of Income and Wealth and others.He has won the 16th Sun Yefang Economic Science Award and the 6th China Rural Development Research Award.

目   录

Preface 1

1. Socialism, modernization, and common prosperity 1

2. China’s exploration of common prosperity6

3. Foundations for common prosperity in the new era . 13

4. Basic ideas and key tasks of common prosperity . 19

I. How to make the “pie” bigger and better.29

1. Making the “pie” bigger: How the economic miracle occurred. 29

2. Potential for future economic growth in China. 41

3. Making the “pie” better: high-quality economic development 46

II. How to allocate the “pie” properly 56

1. Abandoning egalitarianism of low efficiency . 57

2. Putting the positive inequality within a reasonable range  62

3. Eliminating negative inequality. 68

4. Handling the relationship between efficiency and equity properly 71

5. Narrowing the development and income gap between urban and rural areas. 74

III. People-centered common prosperity78

1. Elimination of absolute poverty  79

2. Solid welfare system guaranteeing basic livelihood. 84

3. Sharing economic development achievements with migration movement . 89

4. Further expanding employment. 94

IV. Promoting all-round development of people.100

1. Developing fairer and higher quality education 100

2. Sustainably developing medical and health services 105

3. Boosting the construction of housing security system gradually112

4. Unceasingly improving the social security system118

V. Approaches to common prosperity126

1. Scientific integration of top-level design and grass-root pilot projects 127

2. Expansion of the middle-income group 132

3. Coordination and complementation between primary distribution, secondary distribution and tertiary distribution 136

4. Regulation of flow and stock. 138

Postscript142