This open access book is a new study by the Institute for Contemporary China Studies at Tsinghua University, condensing the new achievements of the Institute's national policy research. Taking "common prosperity" as the theme, the book elaborates the historical background, ideological sources and theoretical connotation of common prosperity. It reviews the theoretical and practical innovations of common prosperity in three historical periods: the socialist revolution and construction period, the new period of reform and opening up and socialist modernization, and the new era of socialism with Chinese characteristics. It discusses the development goals and practical approaches for China to build a society of common prosperity by 2035, analyzes the development basis and challenges China faces in promoting common prosperity, and puts forward the overall goals and quantitative indicator system for achieving common prosperity in the new era, as well as major tasks, policy logic and pathway for promoting common prosperity. The book also looks into the great significance and world significance of China's realization of common prosperity. Policy interpretation in the book is thorough, and the data is accurate, with authoritative, professional and forward-looking perspectives. This is an open access book. Angang Hu is Professor at the School of Public Policy and Management, Tsinghua University, and the Dean of the Institute for Contemporary China Studies, Tsinghua University.

Hu received his Ph.D (1988) at China Academy of Science and conducted Postdoctoral research (1991-1992) at Yale University. Professor Hu is one of the leading experts in China Studies. Shaojie Zhou is a Professor of School of Public Policy and Management at Tsinghua University (TUSPPM), the Deputy Dean of the Institute for Contemporary China Studies at Tsinghua University and the Director of the Center for Employment and Social Security of TUSPPM. Zhou received his PhD in Economics from the Chinese University of Hong Kong in 2007, with main research areas as development studies and policies, Chinese economy, and international development and governance.