How Will China Change in 10 Years Under Xi’s Common Prosperity Push? Citizens Speak Out
After a year of overwhelming change, we asked up-and-coming voices where they see the country going.
A worker during a break at an upscale retail area in Beijing.
Photographer: Qilai Shen/BloombergIt’s been a year of overwhelming change for China, and the fundamental shift in the relationship among the country’s government, businesses and citizens is a long way from complete.
President Xi Jinping’s push for “common prosperity” — aimed at narrowing the nation’s persistent wealth gap — underpins moves to limit the power of China’s technology giants, to cool ever-rising house prices, to encourage philanthropy and to embrace clean energy. The drive has dovetailed with a clampdown on the entertainment industry that has targeted livestreamers and actors over tax evasion, and placed “improper” celebrity culture under scrutiny.