【正确答案】Promote Economic Restructuring and Maintain Stable Economic Development
The Chinese economy has entered a state of new normal. The gear of growth is shifting from high speed to medium-to-high speed, and development needs to move from low-to-medium level to medium-to-high level. This has made it all the more necessary for us to press ahead with structural reform.
The Chinese economy is now the second largest in the world. With a larger base figure, a growth even at 7 percent will produce an annual increase of more than 800 billion US dollars at current price, larger than a 10-percent growth five years ago. With the economy performing within the reasonable range and the speed of growth no longer taken as the sole yardstick, the strained supply-demand relationship will be eased, the pressure on resources and the environment will be lowered, and more time and energy will be devoted to push forward structural reform. That means the economy will enter a more advanced stage of development, with more sophisticated division of labor and a more optimized structure.
In the face of downward pressure, we did not resort to strong stimulus. Instead, we vigorously pursued reforms, and the government in fact led these reforms by streamlining administration and delegating power. This has motivated both the market and the business sector. If one would compare the Chinese economy to a running train, the train will not lose its speed or momentum. It will only be powered by stronger dynamo and run with greater steadiness, bringing along new opportunities and new momentum of growth.