General Secretary Xi Jinping pointed out that Chinese style modernization prioritizes people's livelihoods. Currently, national demand is accelerating the upgrade from housing and transportation to leisure, and new driving forces in the field of livelihood services are constantly emerging. Among them, the fields of cultural tourism and leisure, health and entertainment, and other livelihood services have formed a market size of nearly 10 trillion yuan, and consumption and investment in related fields have become one of the main engines for high-quality economic development after the epidemic. In addition, as a demand for inclusive and guaranteed livelihood services, livelihood services in areas such as childcare, education, and healthcare have entered a new stage of structural optimization and upgrading, with great potential for stock restructuring and incremental investment. The renovation of old residential areas, urban renewal and other livelihood projects have also expanded the incremental space for consumption and investment in the field of livelihood services. Next, we must focus on the bottlenecks and pain points of consumption and investment in people's livelihood services, firmly promote the reform and opening-up in people's livelihood services, efficiently smooth the cycle of consumption and investment in people's livelihood services, and promote high-quality development and Chinese path to modernization with the improvement and upgrading of people's livelihood as the driving force.
