China's Common Prosperity: A Path to Dual Prosperity for All

Ladies and gentlemen,

Today, I stand before you to discuss a topic that is close to my heart: the concept of common prosperity in China's path to modernization. With a vast population base, achieving common prosperity for all people may seem like a daunting task. However, China has chosen a unique approach that sets us apart from other countries.

Unlike some nations that sought modernization through war, colonialism, and plunder, China's path to modernization is rooted in the principles of common prosperity. Common prosperity, in its true essence, means the prosperity of all people, not just a select few. It is about sharing 100% of the wealth, as it is not only the essence and requirement of socialism but also demonstrates the superiority of our socialist system.

Allow me to share a personal story that exemplifies the common prosperity we strive for. In the early days, my mother opened a supermarket next to our community. She worked tirelessly, managing everything from moving goods to registering cash and keeping accounts. However, thanks to my uncle, who is now a skilled technician in a telecommunications company, we were able to transform our store into an unmanned retail store through his investment of 100,000 yuan.

The development of digital RMB played a significant role in this transformation. Our store now allows consumers to shop and automatically checkout without any human intervention. This innovative retail model has not only changed traditional shopping methods but also provided a more convenient consumption experience for our community. It has allowed us to earn more money while also having more time to spend with our families. This is the kind of prosperity that common prosperity entails – it is not about enriching a few individuals but ensuring that everyone benefits.

Reflecting on our current lifestyle, it is evident that our prosperity extends beyond material wealth. As I sat at a table playing with VR glasses during the summer vacation, I observed my father, an engineer, watching international news on the computer next to me. My mother, who now manages the unmanned retail store, was engrossed in her phone on the sofa. Even my grandparents were enjoying their time, watching TV. It struck me that our wealth is not just financial; it encompasses our spiritual well-being as well.

Thirty years ago, the idea of using computers was foreign to most people. Smartphones were not yet popular, and even television sets were small and predominantly black and white. Today, we have witnessed an incredible progress in both material and spiritual aspects of our lives, thanks to China's policies that promote dual prosperity.

Looking ahead, China has set an ambitious goal to build a socialist modernized strong country in all respects. This strategic plan encompasses two steps: first, from 2020 to 2035, we aim to achieve the basic goals of socialist modernization. And then, from 2035 to the middle of this century, we aspire to build China into a prosperous, democratic, civilized, harmonious, and beautiful socialist modernized country.

I firmly believe in the vision and leadership of our government. The dedication to building a better China, where common prosperity is not just a concept but a reality, is unwavering. Together, we can achieve the dual prosperity of material and spiritual life for all our people.

In conclusion, let us embrace the path of common prosperity and work towards building a prosperous, democratic, civilized, harmonious, and beautiful China. I am confident that our leaders will guide us towards a brighter future.

Thank you.