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Understanding the Chinese Economies by Rongxing Guo

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Chapter 10

Regional Diseconomies and Development Strategy

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Mt. Huangshan.

Copyright © by Arne Hückelheim, September 23, 2009.

To take the road to socialism is to realize common prosperity step by step. Our plan is as follows: where conditions permit, some areas may develop faster than others; those that develop faster can help promote the progress of those that lag behind, until all become prosperous. If the rich keep getting richer and the poor poorer, polarization will emerge. The socialist system must and can avoid polarization. One way is for the areas that become prosperous first to support the poor areas by paying more taxes or turning in more ...

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