Common Prosperity is a Chinese government political slogan and policy to bolster social equality.[1][2][3]

Alibaba Group was reported to allocate $15B towards Common Prosperity.[4][5]

See also

References

  1. ^ "Full Text: Xi Jinping's Speech on Boosting Common Prosperity". Caixin Global. 2021-10-19. Retrieved 2022-01-01.
  2. ^ "China's Xi Says Common Prosperity Doesn't Mean Full Equality". Bloomberg. 2021-10-15. Retrieved 2022-01-01.
  3. ^ He Huifeng (2021-09-11). "Common prosperity in China: rich or poor, people have questions about Beijing's attempt to spread the wealth". South China Morning Post. Retrieved 2022-01-01.
  4. ^ Yoon, Frances (September 3, 2021). "Alibaba Pledges $15.5 Billion as Chinese Companies Extol Beijing's 'Common Prosperity' Push". wsj.com.
  5. ^ Jane Zhang (2021-09-10). "Alibaba elaborates on how it will use its 100 billion yuan 'common prosperity' fund – pointing to 'high quality growth' for all". South China Morning Post. Retrieved 2022-01-01.