China is expected to advance coordinated regional development amid its efforts to pursue common prosperity, as balanced development among regions is a prerequisite of the goal, which is an essential requirement of socialism and a key feature of Chinese-style modernization, according to experts.
China s Tech Titans Funding Beijing s Effort to Close Income Gap voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.
During the three-day World Internet Conference held in Wuzhen, China, this week, the country's biggest tech tycoons rushed to show their support for Beijing's "common prosperity" initiative. Their enthusiasm for the initiative comes amid a yearlong crackdown on the country's tech industry, where several high-profile companies have faced investigations and fines. Formerly high-flying celebrity CEOs…