The Configuration Path of the New Rural Collective Economy to Promote the Common Prosperity of Farmers: Based on Qualitative Comparative Analysis Method and the Rural Cases in Zhejiang, China

The new rural collective economy is an important external mechanism for promoting the common prosperity of Chinese farmers. At the same time, the livelihood capital of farmers provides an essential internal support. Achieving an effective match between the two elements is a significant research issue. This article, based on the survey data from 1024 rural households in 43 villages in Zhejiang Province, China, defines the economic functions, social functions, management functions, and cultural functions of the new rural collective economy. The study employs the qualitative comparative analysis method to explore the role of the new rural collective economy in the promotion of the common prosperity of rural households. The necessity analysis shows that the single-factor condition is not the necessary condition for the common prosperity of farmers. However, the adequacy analysis reveals that the linkage and match between the new rural collective economy and the farmers’ livelihood capital can create multiple equivalent pathways for the farmers’ common prosperity. These pathways include the economic function-driven model of the new rural collective economy, the driven model of the high-level livelihoods combined economic functions, the joint model of social function and management functions, the natural capital-driven model, and the joint model of human capital and social capital. Based on these findings, this article proposes targeted governance strategies, including creating pillar industries, strengthening public management services, expanding the scope of social services, and building a coordination mechanism between the new type of rural collective economy and farmers’ livelihood capital.