Engendering and Practice of Deng Xiaoping's Unbalanced Development Strategy

Common prosperity is both the motivation and result of Deng Xiaoping's unbalanced development strategy. With the intention to realize common prosperity, and in view of the new situation, Deng Xiaoping put forward the unbalanced development strategy on the basis of his summarization of the limitations of the balanced regional development strategy since the founding of new China. Over the last twenty years, the unbalanced regional development strategy has proved to be a great success. National economy booms rapidly and the people's living standard is promoted prominently. The rapid economic growth, the updating and optimization of economic structure and the acceleration of systematic innovation in the coastal areas impelled the reform and opening to the outside world to go a step further, on the basis of which, the marketing economic system was established; the conditions to realize the territorial harmonious development strategy was created, which greatly enriched and developed Deng Xiaoping's unbalanced development strategy.