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CGTN: China to build Zhejiang into demonstration zone for common prosperity
CGTN: China to build Zhejiang into demonstration zone for common prosperity Can...

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[{"type":"text","content":"\n \n \n \n CGTN: China to build Zhejiang into demonstration zone for common prosperity\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n BEIJING\n \n ,\n \n June 13, 2021\n \n /CNW/ -- China's eastern\n \n Zhejiang\n \n province is expected to make substantial progress in building a demonstration zone for common prosperity through high-quality development, according to a guideline released by the Communist Party of China Central Committee and the State Council on Thursday.\n \n \n \n \n \n \n \n \n The guideline rolled out multiple measures to guide the province in setting an example for promoting common prosperity.\n \n \n By 2025,\n \n Zhejiang\n \n should achieve solid progress in building the demonstration zone, with its per capita gross domestic product (GDP) reaching the level of moderately developed economies, while a social structure with a middle-income population as the majority should be generally developed by then, the guideline said.\n \n \n And 10 years after that, the province will achieve greater success in high-quality development, achieving common prosperity on the whole, according to the guideline.\n \n \n Promoting the common prosperity of all Chinese people is an arduous and long-term task that cannot be fully implemented in a short time. Thus, the urgent need is to select some areas with relatively sufficient conditions as a pilot, the National Development and Reform Commission (NDRC) said in response to reporters' question on\n \n China's\n \n plans in\n \n Zhejiang\n \n .\n \n \n \n \n Zhejiang's\n \n pioneering role\n \n \n \n Building the demonstration zone in\n \n Zhejiang\n \n is conducive to promoting more coordination between urban and rural income distribution, boosting industrial development and optimizing public services, according to a research from Bank of China Research Institute.\n \n \n As\n \n China\n \n is now the second-largest economy in the world, more attention should be paid to the coordination between urban and rural income growth and economic growth to narrow the income gap an...