Part 10/13:
Another defining theme is the pursuit of common prosperity. This policy aims to reduce income inequality and promote wealth redistribution by enhancing the government's role in regulation and wealth reallocation. The crackdown on the technology sector—ostensibly in the name of creating a more equitable society—has sent mixed signals to investors and business leaders.
This crackdown has created uncertainty in the investment climate, leading to cautiousness among private investors. While the government remains committed to common prosperity, it also introduces challenges for economic dynamism and innovation.