Lin Yifu, dean of the Institute of New Structural Economics and honorary dean of the National School of Development at Peking University, and John Ross, former director of economic and business policy for the mayor of London and senior fellow of the Chongyang Institute for Financial Studies at Renmin University of China, analyzed the current economic situation, explored how to correctly understand the significance of the modernization of common prosperity for all for Chinese modernization, to make more significant substantive progress in promoting the common prosperity for all in practice.