China's wealth distribution: Balancing innovation and equality

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Common prosperity was the catchword at a recent high-level meeting chaired by Chinese President Xi Jinping. Participants discussed plans to achieve that goal, along with financial stability and development strategies. The meeting resulted in a decision that China will stick to a people-centered development path, while balancing the relationship between efficiency and fairness. There was also the pledge to strengthen market-based principles and law-based governance, along with efforts to prevent major financial risks.

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Видео China's wealth distribution: Balancing innovation and equality канала CGTN