Abstract:
As we look to the future, China's economic fundamentals are still good looking ahead. However, the traditional development model has encountered resistance, unable to sustain, and the downward pressure on the economy has increased. We must transform the pattern of development, achieve economic transformation and upgrading, give full play to the role of fiscal and monetary policies, accelerate reform and achieve endogenous economic growth. Against the background of the adjustment and differentiation of the world economy and the "three-phase superposition" of China's domestic development, China's economic development has faced a complex environment with many uncertainties in 2015. The central government will make steady progress following the overall tone of work stably and progressively.
Reference:
Zhang, S., & Wang, N. (2014). Macroeconomic Situation and Policy Outlook. China Economic Report, 2014(6), pp.36-39. （《宏观经济形势及政策展望》）
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