The article emphasizes that common prosperity is the essential requirement of socialism and an important feature of Chinese modernization. Since the 18th National Congress of the Communist Party of China, the Central Committee of the Communist Party of China has grasped the new changes in the development stage, placed the gradual realization of common prosperity for all the people in a more important position, promoted coordinated regional development, adopted effective measures to ensure and improve people's livelihood, won the battle against poverty, and built a moderately prosperous society in all respects, creating good conditions for promoting common prosperity. Now, we have reached the historical stage of solidly promoting common prosperity. To adapt to the changes in China's main social contradictions and better meet the people's growing needs for a better life, we must take promoting the common prosperity of all the people as the focus for the people's happiness, and constantly consolidate the party's long-term ruling foundation. The article points out that common prosperity is the common prosperity of all the people. It is the prosperity of the material and spiritual life of the people. It is not the prosperity of a few people, nor is it a uniform equalitarianism. We should deeply study the goals of different stages and promote common prosperity by stages. To promote common prosperity, we should grasp the following principles: encourage hard work, innovation and prosperity, adhere to the basic economic system, do our best and do what we can, and adhere to step by step. The article points out that to promote common prosperity, the general idea is to adhere to the people-centered development idea, promote common prosperity in high-quality development, correctly handle the relationship between efficiency and fairness, build a basic institutional arrangement for the coordination and matching of primary distribution, redistribution and tertiary distribution, strengthen the regulation of Taxation, social security and transfer payment, improve accuracy, expand the proportion of middle-income groups, and increase the income of low-income groups, We will rationally regulate high incomes, outlaw illegal incomes, form an olive shaped distribution structure with a large middle and small ends, promote social fairness and justice, promote people's all-round development, and make solid progress towards the goal of common prosperity for all people. First, we should improve the balance, coordination and inclusiveness of development. Second, we will strive to expand the size of middle-income groups. Third, promote the equalization of basic public services. Fourth, strengthen the regulation and adjustment of high income. Fifth, promote common prosperity in people's spiritual life. Sixth, promote the common prosperity of farmers in rural areas. The article points out that the common prosperity of all the people is a general concept, which is for the whole society and should be viewed from a global perspective. In order to achieve common prosperity for 1.4 billion people, we must be down-to-earth and work for a long time. Not all people are rich at the same time, nor do all regions reach the same level of prosperity at the same time. Different groups of people will not only achieve different levels of prosperity, but also have different times. There will be certain differences in the level of prosperity in different regions, and it is impossible to go hand in hand. This is a process of moving forward in a dynamic way, which should be continuously promoted and achieved results. (Xinhua News Agency)