The article explores the fourfold logic of Chinese-style modernization to promote common wealth through Marxist political economy theory. In accordance with Marxist political economy, modernization is the development of the mode of production marked by large industry, and the leap of productive forces lays the foundation for the realization of Communism. Chinese-style modernization has the general characteristics of modernization, and has its special characteristics.Among them, common prosperity is the essential requirement of Chinese-style modernization. At present, China has fully built a moderately prosperous society,however,with a large population and still in the primary stage of socialism, coupled with the influence of the overall gap between the rich and the poor in the world, Chinese-style modernization promotes common prosperity is facing difficulties. In this regard, Chinese-style modernization promoting common prosperity should unswerving follow socialism with Chinese characteristics as the fundamental guarantee, adhere to the principle of working people first, strengthen the dominant position of public ownership, persist in the distribution according to labor, establish institutional system and distribution system with the principle of unity between fairness and efficiency, gradually promoting the realization of common prosperity in the process of Chinese-style modernization.

Chen Ting. Political Economy Interpretation of Chinese-style Modernization to Promote Common Prosperity. The Frontiers of Society, Science and Technology (2023) Vol. 5, Issue 11: 88-93. https://doi.org/10.25236/FSST.2023.051114.

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