A Historical Perspective of Achieving Moderate Prosperity

On July 1, 2021, on the historic occasion of the 100th anniversary of the founding of the Communist Party of China (CPC), Chinese President Xi Jinping declared to the world from the gate tower over Tiananmen Square, “Thanks to the continued efforts of the whole Party and the entire nation, we have realized the First Centenary Goal of building a moderately prosperous society in all respects. This means that we have brought about a historic resolution to the problem of absolute poverty in China, and we are now taking confident strides toward the Second Centenary Goal of building China into…