Core Viewpoint - The Chinese economy is undergoing fundamental changes, transitioning from a state of scarcity to one of surplus, necessitating effective consumption expansion through various measures [1] Economic Transition - The shift from a scarcity economy to a surplus economy indicates a need for adjustments in consumption patterns and economic strategies [1] Consumption Expansion - Effective consumption expansion requires increasing residents' income levels, protecting existing wealth, and improving the social security system [1] - Adjustments in the tax and income distribution systems are essential for achieving a new supply-demand dynamic balance in the economy [1] Employment and Economic Growth - Income growth is closely tied to employment, emphasizing the importance of enhancing both the private and state-owned sectors to improve job opportunities [1] Real Estate Market Impact - The decline in real estate prices is significantly constraining consumption expansion, highlighting the need for legal protections for reasonable existing wealth [1]