Direction: From Economic to Social Policies

Shaoguang Wang ()
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Shaoguang Wang: Huazhong University of Science and Technology

Chapter Chapter 7 in China’s Rise and Its Global Implications, 2021, pp 253-286 from Springer

Abstract: Abstract This chapter shifts the focus from economic development to social development. The foundation of the PRC marked the realization of a dream strived for by millions of Chinese people over the preceding hundred years, i.e., the dream of liberation. Since 1949, China has gone through two stages of historical development, in which it realized the dream of self-reliance and the dream of freedom from poverty, respectively. Having entered the third stage of its contemporary history, China is now striving to achieve a new dream of shared prosperity for all. Supported by statistical data, this chapter demonstrates that China has made a new great leap forward in the field of social protection over the past 20 years, which has quietly brought about enormous changes to the life of millions of Chinese people. Specifically, it has stopped inequality from further deteriorating and created a benign environment for lessening human insecurity.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-4341-5_7

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DOI: 10.1007/978-981-16-4341-5_7

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