Zhejiang to be demonstration zone for common prosperity

China has unveiled measures for building a demonstration zone for achieving common prosperity through high-quality development in Zhejiang province, with a view to exploring effective approaches to address the problem of the country's unbalanced and inadequate development.

The Communist Party of China Central Committee and the State Council, China's Cabinet, jointly published a guideline on Thursday supporting Zhejiang taking the lead in building a demonstration zone as an example for promoting common prosperity nationwide.

Recognizing that common prosperity is an essential requirement of socialism and people's common aspirations, the guideline said this relates not only to economic issues, but also is a political issue that matters to the foundation of the Party's governance.