Conclusion

China's realization of moderate prosperity in all respects represents the fulfillment of an intermediate target on the way to modernization and national rejuvenation. Invigorated, the CPC and the Chinese people, have embarked on the new journey forward.

China still faces tough challenges in spite of this achievement. Unbalanced and inadequate development still poses a stern challenge. Reform tasks in key areas are incomplete; the capacity for innovation is insufficient to underpin high-quality development; the foundations for agricultural development need further consolidation; income disparities and the gap in development between urban and rural areas and between regions remain a severe problem; eco-environmental protection requires more effort; and weak links still exist in safeguarding people's welfare and in social governance. The CPC will continue its endeavors to work for the benefit of the people.

The world today is experiencing a level of change unseen in a century. A new technological and industrial revolution is building momentum. While peace and development remain the common aspiration of the majority, the international balance of power is undergoing fundamental shifts. Now, these radical changes are mingling with the impact of an exceptional pandemic, and opposition to economic globalization is growing. Deep-rooted conflicts are surfacing around the world, bringing greater instability and uncertainty. It is becoming more difficult to safeguard world peace and promote common development.

Through perseverance, China has achieved tremendous progress, laying solid foundations for future development. The nation is brimming with confidence that it has the capabilities and resources to realize the Second Centenary Goal, and make more impressive progress. With its gaze turned towards the future, China will acquire a better understanding of the new development stage, act on the new development philosophy, create a new economic dynamic, and propel its unique modernization forward. On these foundations, it will make substantial progress in well-rounded human development and common prosperity.

By 2035, China will achieve basic socialist modernization:

? Its economic, scientific and technological capabilities, as well as its composite national strength, will increase substantially. It will significantly increase its economic aggregate and the per capita income of urban and rural residents. Major breakthroughs in core technologies in key areas will give China global leadership in innovation, and there will also be new industrialization, wider IT application, urbanization, agricultural modernization, and a modern economic system.

? The national governance system and capacity will be modernized, and the rights of the people to participate in managing public affairs and to develop as equals will be adequately protected. As the rule of law will have been established throughout the country, both the government and individual citizens will act within the realm of the law.

? China will be a leader in culture, education, human resources, sports, and health. Well-rounded individual development, dignity and civility will be features of the new society. China's cultural soft power will be much stronger.

? Eco-friendly work and lifestyles will permeate all areas of society. Carbon emissions will peak and steadily decline, and there will be a fundamental improvement in the eco-environment after the goal of building a Beautiful China is met.

? Opening up will reach a new stage with substantial growth in the country's ability to participate in international economic cooperation and competition.

? Per capita GDP will reach the level of moderately developed countries, and the middle-income group in China will expand significantly in size. Equitable access to basic public services will be ensured. Disparities in development between urban and rural areas and between regions, and in individual living standards will be significantly reduced.

? The Peaceful China initiative will be pursued at a higher level. The modernization of national defense and the military will be achieved.

? The people will lead a better and happier life, and visible and substantial progress will be made in the pursuit of well-rounded human development and common prosperity.

By the middle of the 21st century, China will become a modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful. By that time, the following goals will have been met:

? New heights will be reached in every dimension of material, political, cultural, ethical, social, and eco-environmental progress.

? China's system and capacity for governance will be fully modernized.

? China will be a global leader in terms of composite national strength and international influence.

? Common prosperity will be realized.

? The Chinese people will enjoy a happier, safer, and healthier life.

? The Chinese nation will be a proud and active member of the international community.

It will not be an easy task to achieve common prosperity and enable everyone in China to enjoy a modern way of life. The CPC will uphold the principle of people-centered development, address unbalanced and inadequate development, and tackle all the tough issues affecting people's immediate interests. With pragmatic and steady efforts, the CPC is determined to remove all the obstacles on its way to promoting equity and justice and realizing common prosperity.

The way forward will not be smooth, but the prospects are bright and broad. With the firm leadership of the CPC, and the united efforts of all Chinese people both at home and abroad, China will certainly build itself into a strong modern socialist country, the Chinese people will certainly achieve a better and happier life, and the Chinese nation will certainly make a greater contribution to the progress of human society.