As the end of the year approaches, local governments have disclosed the latest construction schedule of people's livelihood projects, and "completion in advance" and "orderly promotion" have become the key words. At the same time, relevant departments stepped up their deployment, listed the work of making up for the shortcomings of people's livelihood as an important task, and concentrated on tackling key problems. In addition to the transformation of old residential areas and the construction of public infrastructure, pension, nursery education and medical treatment have also been included in the list of key investments. A number of major projects will be promoted and construction will be stepped up. Recently, many places intensively announced the construction schedule of livelihood projects. Among them, 31 livelihood projects in Hefei have invested 14.188 billion yuan, and 11.162 billion yuan has been spent, with a capital expenditure rate of 78.67%. Among them, 11 livelihood projects have completed their annual tasks ahead of schedule, and the remaining 20 are advancing in an orderly manner. By the end of October, among the 24 projects of 15 key livelihood projects in Dalian, 9 projects such as "implementing the maintenance and transformation of heating facilities" had achieved the annual goal, 8 projects such as "implementing the transformation of 2 million square meters of old residential areas" had exceeded the node goal in October, and 7 projects such as "adding 15 public kindergartens" were promoted in an orderly manner as planned. Among the 15 projects being promoted, 4 projects will complete the annual objectives by the end of November and 11 projects will complete the annual objectives on schedule by the end of December. Local governments are also launching a new batch of major livelihood projects. Recently, Shanghai's "five new towns" major livelihood projects were launched. The 19 projects launched this time have a total investment of about 21.5 billion yuan, focusing on the fields of people's livelihood such as medical treatment, education, affordable housing, transportation and ecological environment. This is just a microcosm. According to the data of the National Bureau of statistics, investment in the field of people's livelihood is stable and good. In the first three quarters, investment in the social sector increased by 11.8% year-on-year, including 31.4% in health and 10.4% in education. "Since the beginning of this year, all localities have increased their expenditure on livelihood projects, and relevant investment projects have maintained a relatively high growth rate, with remarkable results." Liu Xiangdong, deputy director of the Economic Research Department of the China Center for international economic exchanges, told the economic information daily that accelerating the construction of livelihood projects is conducive to making up for shortcomings and optimizing the investment structure, Improve the ability of the public service system to ensure and improve people's livelihood, and release people's livelihood dividends to a greater extent; On the other hand, it is conducive to stabilizing investment, promoting transformation, guiding development, paying more attention to the people's growing needs for a better life, expanding social service consumption and enhancing the stamina of economic development. Gao Ruidong, managing director and chief macroeconomist of Everbright Securities, also told the reporter of Economic Information Daily that accelerating the construction of people's livelihood projects, on the one hand, will help solve the most direct and realistic interest problems most concerned by the people, so that the fruits of economic and social development can fairly benefit the people; On the other hand, China is in a critical period of the transformation of old and new kinetic energy. The coordinated integration of livelihood projects and new infrastructure contains new economic growth points, such as the development of intelligent transportation and digital infrastructure, which is conducive to further improving the labor productivity of the whole society and promoting industrial transformation and upgrading. Recently, relevant departments have stepped up their deployment and made it an important task to make up for the shortcomings of people's livelihood. From the perspective of key areas, it is expected to accelerate the commencement of more projects that benefit the people's livelihood, including the transformation of old communities, public infrastructure construction, elderly care, nurseries, basic medical care, etc. The executive meeting of the State Council held on November 2 stressed that efforts should be made to resolve the pain points of people's livelihood, keep people's expectations in mind, and solve the practical problems of people's livelihood found in some places in arrears in the wages of compulsory education teachers, medical treatment and the transformation of old communities. The general office of the State Council recently forwarded several opinions on promoting the improvement of the living service industry and improving the people's quality of life issued by the national development and Reform Commission, emphasizing the strengthening of the capacity-building of basic public services in the fields of urban and rural education, public health, basic medical treatment, culture and sports. Clearly combine the promotion of the transformation of old urban communities and the construction of urban residential communities, build comprehensive community service facilities, and set up kindergartens, nurseries, elderly care service facilities, etc. All localities are also actively promoting. Taking elderly care as an example, Hainan Province recently issued the implementation plan for promoting the healthy development of elderly care services, which makes it clear that by the end of 2025, the number of elderly care beds per 1000 elderly population in the province will reach 32. The coverage rate of public and inclusive infants in nurseries in the province shall not be less than 30%, and the proportion of public infant care service institutions in nurseries shall not be less than 10% in principle. Jiangsu Province proposes that by 2025, the number of nursing beds will account for more than 70%, and there will be 4.5 nurseries for infants under the age of 3 per 1000 population. Each street in the province will build a comprehensive elderly care service center with the functions of full care, day care, home visit and medical services, and more than one nursing home in each county (city, district), One tertiary geriatric hospital will be built in each district and city to realize the full coverage of geriatric universities in county-level administrative regions. Sun Chuanwang, a professor at the school of economics of Xiamen University, told the economic information daily that accelerating the construction of people's livelihood projects will help promote the mutual promotion of "ensuring people's livelihood" and "stable growth", boost development confidence and enhance the endogenous driving force for long-term economic and social stability. However, in this process, we should not only effectively solve the problems of public concern such as educational equity and medical security, but also pay attention to the differences between urban and rural areas. We should not only ensure the stability and continuity of policy support and financial support, and continue to promote the construction and implementation of livelihood projects, but also improve the long-term mechanism of livelihood projects and effectively supplement the shortcomings of livelihood projects. Liu Xiangdong believes that in the construction of people's livelihood projects, we should not only pay attention to increasing the supply of people's livelihood facilities guided by the needs of residents, respect the wishes of residents to carry out projects such as old city reconstruction, but also actively attract social funds to participate, especially for people's livelihood projects in social fields such as housekeeping, elderly care, childcare, medical health and so on, We should also strengthen the supervision of the implementation process of people's livelihood projects, ensure that the implementation of policies is not distorted, and let the people get real benefits. In terms of policy and financial support, Liu Xiangdong suggested that we should not only use financial funds or local special bond funds, but also make good use of financial institutions and social funds to form a diversified fund-raising and enhance the sustainability of investment in livelihood projects. (outlook new era)