Economic Daily - Jin Guanping: Steadily increasing income for urban and rural residents.

The article points out that steadily increasing residents' income is the key to activating the consumption engine, driving economic growth, ensuring that the people share the fruits of development and achieve common prosperity. To steadily increase residents' income, it is necessary to first stabilize employment. In addition, it is essential to expand channels for increasing income, especially property income. It is important to stabilize the capital market, promote long-term investment, and enhance the return rate of the capital market. Promoting stable and healthy development of the real estate market is also crucial. Real estate is the largest part of residents' assets. If the property market stabilizes, it can unleash the wealth effect and better stimulate consumption. Furthermore, attention should be paid to the middle and low-income groups and strengthen social security.