Policy Suggestions for China’s Industrial Operation
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With implementation of a series of policies including the supple-side structural reform, the national economy operated quite well and stabilized in slow growth and slow recovery in the first half of 2016. However, the recovery seems not so optimistic in the pessimistic context of the international situation that might complicate and intensify China’s industrial economy and might lead to heavier downturn pressure on economic operation in the second half of 2016 as a number of contradictions and risks stand out. In this case, we need to seize the new normal opportunity for economic development, steady growth by taking effective measures against various risks and challenges, promote reform and transformation, break institutional barriers and combine long-term policies with short-term ones, macro policies with micro ones and supply management with demand management so as to pave the way for healthy development of China’s industrial economics.