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China accomplishes building of moderately prosperous society in all respects

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Under the leadership of the Communist Party of China (CPC), China has achieved the first centenary goal of building a moderately prosperous society in all respects.

XinhuaUpdated: July 5, 2021

Under the leadership of the Communist Party of China (CPC), China has achieved the first centenary goal of building a moderately prosperous society in all respects.

The achieving of moderate prosperity, or Xiaokang in Chinese, is measured in consideration of multiple aspects such as the economy, democracy, science and education, culture, society and people's lives. The requirements include doubling the country's 2010 GDP and per capita disposable income by 2020.

Last year, the country's GDP exceeded 100 trillion yuan (about 15.45 trillion U.S. dollars). Its per capita disposable income hit 32,189 yuan, double the level in 2010. The country has developed the world's largest social security system and boasts the world's biggest middle-income group -- 400 million people. In a historic feat, China has eliminated absolute poverty.

Xiaokang is a phrase about well-off life first mentioned in the Book of Songs, China's first anthology of poems dating back more than 2,000 years. An idea cherished by the Chinese people for thousands of years has become a reality in today's China.

The country realized Xiaokang on the whole at the end of the 20th century. In 2002, the CPC put forward the aim of building a moderately prosperous society in all respects. The 18th National Congress of the CPC in 2012 set the goal of completing the building of a moderately prosperous society in all respects by 2020. The standards of and requirements for Xiaokang became increasingly comprehensive and strict.

The CPC stressed that no one should be left behind on the path to a Xiaokang society. In the past eight years, China focused on areas of extreme poverty, and lifted the final 98.99 million impoverished rural residents out of poverty by the end of 2020.

Over the past 40-plus years, the country has lifted 770 million people out of poverty, meeting the poverty eradication target in the United Nations' 2030 Agenda for Sustainable Development 10 years ahead of schedule, and resolving its greatest challenge in building a moderately prosperous society in all respects.

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