Given the crackdowns on China's elite, many seem to think that China is headed towards some renewed socialist direction. But the main takeaway that I see in Xi's article is that he is still committed to state-led capitalism and advancing the Chinese economy.

Lets get into it:

https://twitter.com/KaiserKuo/status/1449229413523116032

1/ Xi pairs the idea of "common prosperity" with economic growth—for him, one is not without the other. This is why "innovation"/"manufacturing" is mentioned countless time in his essay (Also why he continues to frame China as a developing country that still needs catch up)