China's New Normal of Economy and the Optimization and Upgrading of the Economic Structure

摘要

In recent years, China's economy has witnessed great changes in terms of growth rate, structural adjustment and the motive force of development. Therefore, China' economy has stepped into the new normal. The main change under the new normal is the optimization and upgrading of the economic structure, which is also the new challenge to achieve the economic sustainable development. Under the background of the economic new normal, economic structure can be optimized and upgraded only by deepening the reform, eliminating the institutional barriers which impede the free flow of elements, making market play a decisive role in resources allocation and ensuring the government paly a greater role. The concrete measures include: to promote the development of new-type urbanization, to construct modern industrial system and to further regional economic integration. All these measures will give new motive power to the economic development of China.