THE PATH TO PROSPERITY

The teachings of Confucius illuminate the path for achieving our dreams in life, and one key teaching in particular has been illuminating China’s path toward becoming a moderately prosperous—or xiaokang—society. It is that taking a moderate approach to building well-consolidated social and economic foundations is essential for achieving prosperity. The concept is far from new, but it is standing the test of time as China enters a new era of development.The Communist Party of China(CPC) has a strong understanding of this notion, and all Party leaders have been demonstrating it in their work. The main result has been the eradication of absolute poverty last year, which completed China’s process of building a moderately prosperous society in all respects.