Investigators says Ukraine may be behind the attack
Xi Jinping signals stricter regulation of incomes amid policy shifts
A woman walking in Beijing, China. President Xi Jinping is reorienting the country towards its second centennial goal
CHINESE President Xi Jinping has forecast stricter “regulation of high incomes” as part of a raft of measures to deepen public control of the economy.
At Tuesday’s meeting of the Central Financial and Economic Affairs Commission, President Xi reported that following the elimination of absolute poverty earlier this year, the Communist Party’s focus would shift to addressing inequality.
The first phase of “reform and opening up” from 1978 had allowed “some areas to get rich first,” but the new priority was “common prosperity for all,” the meeting declared. New laws would “regulate excessively high incomes and encourage high-income groups and enterprises to return more to society.”
Similar stories
One of the major criticisms of China’s breakneck development in recent decades has been the impact on nature — returning after 15 years away, BEN CHACKO assessed whether the government’s recent turn to environmentalism has yielded results
From renewable tech to alternatives to the dollar, BEN CHACKO was encouraged by an optimistic meeting held by the China Media Group this week
From defeating illiteracy to tackling student stress, China’s system transforms lives while putting people before profit — British educators should consider what we could learn from the world’s largest school system, writes LOGAN WILLIAMS