At this stage, the most prominent state of China's macro economy is the slowdown in economic growth, with medium-high economic growth becoming the new normal in the new phase of China, and facing the new normal, new strategic thinking is needed. The new normal of medium-high economic growth needs the support of a series of new normals, including the new normal of development strategy, macroeconomic regulatory, and development momentum, and these three aspects are required to exhibit new characteristics. The new normal of development strategy refers to the rebalancing strategy and innovation-driven development strategy which highlight the economic structure based on the connotation of potential economic growth rates. The new normal of macroeconomic regulatory is to realize that economic growth will shift from being driven by macroeconomic regulatory policies to being driven by the market. The objects of macroeconomic regulatory can only be limited to the general level of prices, employment and interest rates that affect economic stability. The new normal of development momentum requires that the driving force of demand is diversified. The expansion of domestic demand includes the expansion of investment demand as well as consumer demand, the key of which is to focus on the improvement of people's livelihood in driving consumer demand. At the same time, it should be noted that highlighting consumption stimulus does not exclude or substitute investment stimulus, and there exist a coordination relationship of complementarity and cooperation between the two.
