Abstract: From the subprime mortgage crisis in 2007, global economy has faced long time depression and started to show a “New Normality.” In the new development stage, “Currency Wars” among countries have already begun. In the meantime, due to the change of industrial structure and production factors’ structure, China’s economy has been in the track of structural slowdown. In the highly complex domestic and foreign situations, the key point of macroeconomic operation is to transform the economic development pattern, to achieve quality economic growth, and to improve the efficiency and quality of economic operation. Corresponding with this, macro control should abandon the pattern of demand management, and create new reform dividend by means of stimulating the vitality of enterprises and market and promoting a new round of reform. In the process of economic transition, it is essential to pay close attention to and to cope with the impact of the end of US quantitative easing policy; in order to bring a new climax of China’s reform and opening-up, the establishment of Shanghai Free Trade Zone should also be promoted.
Keywords: China’s Economy, Structural Slowdown, Economic Development Pattern, Macro Control, Policy Framework
source:Finance & Trade Economics ,No11,2013