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China issues white paper on moderate prosperity

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China’s State Council Information Office on Tuesday issued a white paper to document the country’s journey to moderate prosperity in all respects, or Xiaokang.

The white paper, titled “China’s Epic Journey from Poverty to Prosperity’’, said the realisation of moderate prosperity in all respects as declared in July, marks a critical step toward national rejuvenation for the country.

“Achieving moderate prosperity fulfills a long-cherished dream of the Chinese nation,’’ it said.

The document hailed the unremitting hard work by the Communist Party of China (CPC) and the Chinese people and looked into what China had achieved in realising prosperity through all-round development for all.

“To realise moderate prosperity has required great perseverance, and represents a notable achievement on the part of the CPC and the people,’’ it said.

The white paper also expounded on how the world would benefit from China’s prosperity.

As the world’s most populous and largest developing country, China had contributed to global peace and development by achieving moderate prosperity in all respects.

In achieving a moderately prosperous society, China has helped dramatically to reduce the world’s poverty-stricken population and gain new experience of modernization for humanity.

According to the white paper, its all-round opening up has promoted win-win cooperation.