This book provides a detailed and up-to- date analysis of the current and near-future domestic economic situation in China based on the concept of "New Normal", which was first proposed by Chinese President Xi Jinping and which is commonly used in discussions on China's current economy. China's New Normal is the result of the growing pressures on domestic resources, environmental restrictions, and unstable international economic recovery and characterized by a moderate economic increase, a proper increase in commodity pricing, stabilizing new employment and optimizing economic structure. The book argues that while China focuses on stability and quality in macro-control and enhancing reform and innovation, many contradictions and problems in economic operations are gradually being solved, therefore optimizing the economic structure. The book explores many aspects of China's economic development under the "New Normal" while making analysis and policy suggestions for the present economic trends.

This book aims at China's economic and social development, which has embarked on a new journey. It collects more than 20 major research achievements of researchers in relevant fields of the Chinese Academy of Social Sciences. These topics cover rural revitalization and anti-poverty, industrialization and manufacturing transformation, service industry upgrading, fiscal and taxation system and fiscal sustainability, major financial reform, industry and competition policy, ownership structure, new pattern of opening up, digital economy, innovation driven, financial stability, macro-control, new urbanization, regional development, ecological environment, aging population, labor market, income distribution, social governance, people's livelihood, social security, the rule of law, cultural power, and other major issues. This book helps people from all walks of life better understand and grasp the new trends, opportunities, and challenges of China's economic and social development in the future and provides useful reference for thinking about China's medium and long-term development strategy and development path.

This book provides a detailed and up-to- date analysis of the current and near-future domestic economic situation in China based on the concept of "New Normal", which was first proposed by Chinese President Xi Jinping and which is commonly used in discussions on China's current economy. China's New Normal is the result of the growing pressures on domestic resources, environmental restrictions, and unstable international economic recovery and characterized by a moderate economic increase, a proper increase in commodity pricing, stabilizing new employment and optimizing economic structure. The book argues that while China focuses on stability and quality in macro-control and enhancing reform and innovation, many contradictions and problems in economic operations are gradually being solved, therefore optimizing the economic structure. The book explores many aspects of China's economic development under the "New Normal" while making analysis and policy suggestions for the present economic trends.