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Skip to Main ContentSkip to SearchSkip to... Select * Listen to Article * What To Read Next SubscribeSign In TAKE A SURVEY We want to hear from you. Take part in this short survey to help shape The Wall Street Journal. Take Survey https://www.wsj.com/articles/xi-jinping-china-economy-growth-poverty-tech-beijing-11636915358 A street vendor waits for customers on the last day of the 'Golden Week' holiday in Beijing last month. roman pilipey/epa/Shutterstock WHAT’S DRIVING XI JINPING’S ECONOMIC REVAMP? CHINA’S SOCIAL MOBILITY HAS STALLED AS THE ECONOMY MATURES, MORE OPPORTUNITIES GO TO THE CHILDREN OF WEALTHY AND POLITICALLY CONNECTED ELITES A street vendor waits for customers on the last day of the 'Golden Week' holiday in Beijing last month. roman pilipey/epa/Shutterstock By Stella Yifan Xie Close STELLA YIFAN XIE * Biography * @yifanxie * stella.xie@wsj.com Nov. 14, 2021 1:45 pm ET Share Text 193 Responses Your browser does not support the audio tag. Listen to article Length 1 minute AD Loading advertisement... 00:00 / 01:23 1x This article is in your queue. Open Queue China’s extraordinary economic rise planted a belief in the country that just about anyone can succeed if they work hard—a key component of Xi Jinping’s “China Dream.” For more and more Chinese, however, that is no longer true. To Read the Full Story Subscribe Sign In CONTINUE READING YOUR ARTICLE WITH A WSJ MEMBERSHIP CYBER MONDAY SALE $4 PER MONTH View Membership Options RESUME SUBSCRIPTION We are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service. Please click confirm to resume now. Confirm Customer CenterSubscriber AgreementPrivacy NoticeCookie NoticeDo Not Sell My Personal Information© 2021 Dow Jones & Company, Inc. All Rights Reserved.