Common Prosperity
China's "common prosperity" drive aims to reduce wealth inequality and achieve more equitable distribution of resources. The goal by authorities is to create a balanced, sustainable economic development framework through real world and digital policies. This may impact areas of the nation's luxury industry, social media, and how companies do business.
Subscribe to Pro for data-driven market tracking.
Upgrade to Pro
Luxury’s personalized toolkit for business in China.
Join now to sharpen your focus.
Subscribe now
Have an account? Login