The report of the 20th National Congress of the Communist Party of China pointed out that Chinese path to modernization is the modernization of common prosperity for all people. Common prosperity is an important feature of Chinese path to modernization, which reflects the greatest superiority of socialism and highlights the essence of socialism. The CPC has accumulated valuable historical experience in promoting common prosperity in the course of a century's struggle, and has explored a path of common prosperity with Chinese characteristics. The victory of the new democratic revolution created the fundamental political conditions for getting rid of poverty, and the practical exploration during the socialist construction period established the institutional basis for achieving common prosperity. Since the reform and opening up, our Party has taken common prosperity as the fundamental principle and essential feature of socialism, making all the people move steadily towards common prosperity. Since the 18th National Congress of the Communist Party of China (CPC), our Party has placed the gradual realization of common prosperity for all people in a more important position, united and led the people to win the battle against poverty, realized the Chinese people's dream of getting rid of absolute poverty for thousands of years, made great historic achievements in building a moderately prosperous society in all respects, and entered the historical stage of solidly promoting common prosperity. The unswerving exploration to achieve common prosperity is a vivid reflection of our Party's commitment to fulfilling its original mission. Common prosperity has a clear scientific connotation and embodies the advantages of the socialist system with Chinese characteristics. Common prosperity refers to the common prosperity of all the people and the prosperity of both the material and spiritual life of the people, which should be realized gradually in stages. To achieve common prosperity, based on the development of production, we should further liberate and develop social productive forces, give full play to the decisive role of the market in resource allocation, give better play to the role of the government, make the "cake" bigger and better in high-quality development, and lay a solid material foundation for common prosperity. In this process, we will constantly improve people's cultural quality and modern civilization, establish a scientific, healthy and civilized way of life, better meet the people's growing needs for a better life, create a social atmosphere that respects labor, creativity, knowledge, and talent, so that people can maintain a high spirited state of mind, better promote people's all-round development, and create a new form of human civilization. Achieving common prosperity for all people is an important feature of Chinese path to modernization. From the beginning of the substantive process, Chinese path to modernization has followed the logic of labor, abandoned the capital centered concept of development, and taken powerful measures to ensure and improve people's livelihood. In the arduous practical exploration, it has enabled more than 1.4 billion people to modernize as a whole, demonstrating the strong vitality of socialism. Our Party has clearly defined the timetable and road map for promoting common prosperity, so that Chinese path to modernization can be reflected in promoting common prosperity in high-quality development. In the process of Chinese path to modernization, our party strives to solve the people's urgent problems and hopes, and strive to make the people get better education, more stable work, more satisfactory income, more reliable social security, higher level of medical and health services, better quality of life, more beautiful environment