For the development of China’s economy in the next stage, we should start with the new normal. We should have a correct understanding of the new normal. It means acting according to economic laws; otherwise, it could violate market principles. For example, China’s economy has been growing at a high speed in the past few years, but the continuous high growth rate does not conform to the laws of economic development and may not be sustainable. Therefore, deceleration is necessary. A medium-high growth rate may be more consistent with China’s current situation.

错误:搜索内容不能为空,请输入英文关键词
错误:关键词超出字数限制,请精简
高级检索

2015: Current Issues to Note in China’s Economic Development

  • Yining Li

摘要

For the development of China’s economy in the next stage, we should start with the new normal. We should have a correct understanding of the new normal. It means acting according to economic laws; otherwise, it could violate market principles. For example, China’s economy has been growing at a high speed in the past few years, but the continuous high growth rate does not conform to the laws of economic development and may not be sustainable. Therefore, deceleration is necessary. A medium-high growth rate may be more consistent with China’s current situation.