Newly-released macro-economic data and the insufficient marketization reform both indicate that China still face huge pressure of economic downturn. ANBOUND research team states that only through marketization reform and the prosperity of private economy can bring about vitality to China's economy. However, the marketization reform cannot take effect within a short term. Therefore, the severity of China’s economic downturn pressure may not be lessened within a short period, which can be regarded as the "New Normal" for Chinese economy.