Common Prosperity
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]
References
- "Full Text: Xi Jinping's Speech on Boosting Common Prosperity". Caixin Global. 2021-10-19. Retrieved 2022-01-01.
- "China's Xi Says Common Prosperity Doesn't Mean Full Equality". Bloomberg. 2021-10-15. Retrieved 2022-01-01.
- 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.
- Yoon, Frances (September 3, 2021). "Alibaba Pledges $15.5 Billion as Chinese Companies Extol Beijing's 'Common Prosperity' Push". wsj.com.
- 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.
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