【About the book】
This book offers an in-depth analysis of China’s drive for common prosperity from an insider’s perspective. While philosophers and economists have long debated issues of inequality and growth, and societies have evolved from industrial to post-industrial information economies, challenges related to poverty and inequality persist. Major European nations have transitioned from early capitalist societies to modern welfare states, yet similar issues remain unresolved. Professor Zheng Yongnian provides a unique insight into China’s approach to addressing these challenges through the lens of common prosperity. Drawing on newly published materials and empirical research, this book contrasts China's development model with Western welfare states, elucidating both the rationale behind and the implications of these differences. This translated version of Professor Zheng’s recent work, 共同富裕的中国方案 (originally published in Chinese), is an essential read for scholars and policymakers seeking to understand China’s strategy for achieving common prosperity.
【About the author】
Zheng Yongnian is a renowned Chinese political scientist and political commentator who has written widely on contemporary China and especially Chinese politics. He currently serves as Presidential Chair Professor and the Founding Director of the Advanced Institute of Global and Contemporary China Studies, the Chinese University of Hong Kong, Shenzhen.
【Contents】
1 Common Prosperity and the Incorporationof Marxism into China’s Practice
1 The Pursuit of Common Prosperity as a Universal Issue
2 Common Prosperity: Strengthening the CommunistParty of China’s Legitimacy
3 Common Prosperity: China’s Exploration of IntegratingMarxism into Contemporary China
4 Achieving Common Prosperity Through OngoingSinicization of Marxism
5 Contribution of Chinese Practice to Marxist Theory
6 Practical Implications of Common Prosperityin Zhejiang Province
2 Social State and Common Prosperity
1 Conceptualizing the Social State: Definitionsand Implications
2 Emergence of a Capitalist State
3 Western Perspectives on Social Empowerment
4 Constructing China’s Social State: Strategiesand Challenges
3 Common Prosperity and Prospects for China’sEconomic Development
1 Exploring the Concept of Common Prosperity
2 CCP’s Motivations Behind the Pursuit of CommonProsperity
3 Challenges to Achieving Common Prosperity
4 Factors Enabling China’s Path to Common Prosperity
5 Towards Achieving Common Prosperity in China
4 Common Prosperity and China’s Modernization Model
1 Three International Models for Achieving CommonProsperity
1.1 Nordic Social Democracy: Achieving Prosperityand Equality
1.2 Lessons and Legacies of the Soviet Economic Model
1.3 The East Asian Model: Achieving MarketEconomy and Common Prosperity
2 Formation of China’s Modernization Model
3 Economic and Institutional Basis for RealizingCommon Prosperity in China
5 The Whole Process of an Open Economy and SocialJustice
1 Human Quest for Fairness: Exploring Ethical Dimensions
2 Examining Property Rights: Western Crisisand China’s Historical Perspective
3 Achieving Social Justice Throughout the Entire Processof Open Economic Activities
6 Sustainable Urban Development, Urban Governanceand Common Prosperity
1 Balancing Common Prosperity with SustainableDevelopment in Urban Areas
2 Environmental Impact of Rapid Urban Developmentin China
3 Challenges and Sustainable Urban Development
7 Advancing Common Prosperity Through China’sRural Revitalization
1 Philosophical Reflections on the Concept of Village
2 Sustainable Rural Development to be Achieved throughTwo-Way Urban–Rural Mobility
3 Return of Urban Residents to their Hometowns as Our“Chinese Dream”
8 Common Prosperity and China’s Second “WTO Accession”
1 Harnessing Openness for Resilience
2 Avoiding Decoupling from the International Community
3 China Needs a Second “Accession” to the WTO
4 Advancing China’s Global Regulatory Influence
9 Expanding the Middle Class and Advancing Reformin Personal Income Tax
1 Problems in the Current Individual Income Tax System
2 The Risks of “Middle-Class Income Trap”
3 Policy Suggestions for Personal Income Tax Reform
10 Revitalizing Private Enterprises and FosteringCommon Prosperity
1 Private Enterprises’ Role in Promoting CommonProsperity
2 Difficulties Faced by Private Enterprises
3 Role of Private Enterprises in the Contextof Comprehensive Competition between Chinaand United States
4 Concerns of Private Companies in China
5 Policy Suggestions to Reinvigorate Private Enterprises
11 Analysis of the Domestic Environment for ChinesePrivate Enterprises
1 Living Environment of Private Enterprises
1.1 Mirco, Small and Medium Private EnterprisesStrive to Survive Under Difficult Circumstances
1.2 Large Private Enterprises Face Challenges Suchas Slowing Growth and High Costs
2 How to Guide Private Enterprises to Further Develop
12 Global Context for Chinese Private Enterprises
1 Challenges of International Environment for PrivateEnterprises
1.1 Impact of the Pandemic Continues
1.2 Risks Brought by Comprehensive Competitionand Financial Decoupling Between Chinaand United States
1.3 Attitudes Towards China Expressed by Elites,Intellectuals and Financial Professionalsin Western Media
2 Creating a Good International Environmentfor the Development of Private Enterprises
Epilogue: Developing Chinese Indigenous PoliticalEconomy Theory
References
Index
【Bibliographic Information】
Book Title：Common Prosperity
Book Subtitle：A Chinese Approach to Inclusive Growth
Authors：Yongnian Zheng
Translated by：Jia Liu
Series Title：IPP Studies in the Frontiers of China’s Public Policy
DOI：https://doi.org/10.1007/978-981-97-8616-9
Publisher：Palgrave Macmillan Singapore
eBook Packages：Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information：Zhejiang Peoples Publishing House 2024
Hardcover ISBN：978-981-97-8615-2Published: 13 December 2024
Softcover ISBN：978-981-97-8618-3Due: 27 December 2024
eBook ISBN：978-981-97-8616-9Published: 12 December 2024
Edition Number：1
Number of Pages：XVI, 205
Number of Illustrations：1 b/w illustrations, 1 illustrations in colour
