Deepen the reform of the income distribution system to promote common prosperity

Abstract

The paper bases on the new stage of development, discussing the specific way of reforming the income distribution system to realize common prosperity. Income distribution is a core element for promoting common prosperity. Deepening the reformation of income distribution system is useful to promote common prosperity. From the respective of the value-system goal, the coordination and support of the three income distribution modes among the current income distribution system is still unable to solidify the foundation of people's shared interests, and the results of income distribution are not conducive to narrowing the gap between the rich and the poor.The current income distribution system could not serve the purpose of building the olive-formation of a middle-income group structure. By continuously taking the reformation of the income distribution system further, accelerating the improvement of the mechanism and system of mutual interaction and conformity among the primary distribution, redistribution and the third distribution, a complete income distribution system that reflects efficiency and fairness will be built, and the social benefits will be fairly shared by all society members.