The Chinese Communist Party (CCP) announced back in July that it had achieved a complete “moderately prosperous society” and eliminated “absolute poverty” in China. However, recent research shows that the number of individuals from households with less than 500 yuan ($80) per capita monthly disposable income has exceeded 220 million in China, a sharp contrast to the statements proclaimed by CCP leader Xi Jinping in remarks for the Party’s 100th anniversary. In the “China Statistical Yearbook 2021” published by the National Bureau of Statistics, 20 percent of all households in China have a per capita monthly disposable income of 656 yuan (US$103), which translates to around 280 million people. Discrepancies exist in the CCP’s data, however. In the white paper “China’s Epic Journey from Poverty to Prosperity” published by the CCP in September, the lowest “per capita monthly disposable income” level for rural households in 2020 is 2.7 times higher than what …