it was not until 2012, when Xi Jinping began to systematically centralize political power, that the economic opening-up policy of the Deng era was reversed. The most notable economic act of Xi Jinping's presidency has been the use of state-owned enterprises and the "common prosperity" policy to crack down on various sectors of the economy to regain control of the country's economy.
One of the main purposes job email list of the "common prosperity" policy is to realize the ideal of equal wealth in China. Despite the seemingly lofty goals, the policy has actually brought heavy losses to the private education industry, video games, entertainment and technology industries.
The Chinese Communist Party's politically motivated crackdown on the economy shows that its trade policy is not based on the principle of equality and reciprocity, at a time when the economic slowdown caused by the pandemic continues to be on the radar of consumers around the world. Based on this, in order to stabilize the supply chain, choosing partners with similar political ideas for cooperation and reducing trade barriers have also become important issues for countries and companies after the new crown epidemic.