China's 'common prosperity' push: Means What and Why/How many Chinese will be affected?

On August 17, 2021, at an important meeting by the Chinese Communist Party CCP, a " common prosperity" policy was explicitly proposed.
It suggests that the regulation and adjustment of high income would be strengthened through the institutional arrangement of " third distribution". This statement immediately drew widespread attention and sparked fears among the wealthy in China. The term "common prosperity" has become a buzzword. However, what is considered "high income" by the CCP?

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