Core Viewpoint - The 20th Central Committee's Fourth Plenary Session emphasizes improving the quality of life for the people, focusing on social welfare and public services, particularly in the areas of employment, income distribution, education, social security, real estate, health, and population [1][2]. Group 1: Public Services and Social Welfare - The session highlights the need for increased investment in social security and public services, especially in education and healthcare, to address the key life stages of the elderly and children [2][3]. - The expansion of basic public services will focus on "one old and one young," including childcare and elderly care, to meet the needs of an aging population and declining birth rates [3][4]. - The government is encouraged to innovate funding models and enhance the quality of public services to ensure equitable access for all citizens [2][3]. Group 2: Economic Development and Common Prosperity - Achieving common prosperity is linked to high-quality economic development, which requires advancements in industry, technology, and employment to increase income for the populace [2][3]. - The reform of the household registration system and urban integration of migrant populations are essential for fostering a sense of belonging and promoting common prosperity [2][3]. Group 3: Housing and Real Estate - The emphasis on promoting high-quality development in the real estate sector reflects the need to address housing as a fundamental public service, ensuring that citizens have access to quality housing [5][6]. - The real estate sector is seen as crucial for economic and social development, necessitating a shift in development philosophy among real estate companies [6]. Group 4: Equalization of Public Services - The goal of equalizing basic public services involves ensuring that services are provided based on residency rather than household registration, allowing migrant populations to access the same rights as local residents [9][10]. - The transition to a system based on permanent residents will require comprehensive reforms in public service funding and resource allocation [9][10].