The essence of Chinese path to modernization is human modernization. In May 2023, General Secretary Xi Jinping pointed out at the first meeting of the 20th Central Committee of Finance and Economics that we must meet the expectations of the people for a better life, adhere to the people's leading position, closely combine high-quality population development with high-quality people's lives, closely combine 'investing in things' with' investing in people ', do our best and act within our capabilities, and establish as well as improve a population service system that covers the entire population and life cycle. The 2025 State Council Government Work Report makes investing in people one of the macro policy directions for economic and social development throughout the year, emphasizing the need to promote more financial resources to 'invest in people', serve people's livelihoods, support the expansion of employment, promote the increase and reduction of residents' income and burden, strengthen consumption incentives, and form a virtuous cycle of economic development and improvement of people's livelihoods. Under the new situation of population structure transformation and development mode transformation in China, promoting the efficient collaboration of investing in things and investing in people has fundamental, global, and long-term significance for achieving high-quality development and comprehensive human development.
