The Nightmare of China’s Rich People is coming | The Purpose of CCP’s Proposed Common Prosperity
Late at night on August 18th, Tencent announced via its public WeChat account that it would invest 50 billion yuan ($7.7 billion US Dollars) to launch the “Common prosperity Special Project.“ Actually, in April this year, Tencent has launched a “sustainable social value innovation“ strategy with a total investment of 50 billion yuan. This means that within 4 months, Tencent has actively committed to investing 100 billion yuan in public welfare causes advocated by the government.
This time, Tencent proactively fulfilled its social responsibilities and commits to investing heavily in the “ Common prosperity Special Project “ proposed by the Chinese Communist government. The reason is that on August 17th, Xi Jinping chaired the tenth meeting of the Central Financial and Economic Affairs Commission, to study the issue of promoting common prosperity. The meeting also put forward key tasks, including balancing the relationship between efficiency and fairness; establishing
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