China’s common prosperity drive for shared wealth to get fresh push as ‘strategic goal’ during party congress

China is expected to increase its push for shared wealth as a key “strategic goal” during next month’s 20th party congress, a senior party ideologist said, amid growing anxiety over Beijing’s policies to tackle inequality.

Beijing’s top leadership will deliver a clearer and more detailed road map on the push for so-called common prosperity when the five-yearly party congress begins on October 16, said Han Baojiang, professor and director of the economics department at the Central Party School of the Communist Party of China.