China has recently set a target of achieving “common prosperity. ” What does it mean? How can it be achieved? Why is China raising such a concept now?   As a matter of fact, the year 2021 actually marks the beginning of the next centenary goal of China around 2049 when the Republic marks its 100 years anniversary, after it reached the first long-term goal of “building a moderately prosperous society.”   From the near-term target of “common prosperity” to the long-term goal in 2049, what does it take for China to make those objectives true?   Join David Moser, professor at Capital Normal University, and Andy Mok, senior research fellow at the Center for China and Globalization for a discussion of the issue.