Official says common prosperity in China not egalitarianism

BEIJING — Common prosperity China is pursuing means affluence shared by everyone, both in material and cultural terms, but not egalitarianism, a senior official said Thursday. Han Wenxiu, an official with the Central Committee for Financial and Economic Affairs, made the remarks at a press conference while expounding on the topic of common prosperity which had been widely discussed. China has completed the building of a moderately prosperous society in all respects. On that basis, efforts are needed to make a bigger pie that will be shared in a fairer way, Han said, stressing the need to promote high-quality development,…