Recently, "Chinese version of the Marshall Plan" has caused great uproar and a lot of controversies. ANBOUND think tank scholars believe that with China in the morass of economic transformation and structure adjustment, and with its economy facing increasing downward pressure, China needs to create new space for development and adjustment through new development strategy in order to get Chinese economy out of the morass. The strategic value of “Chinese version of the Marshall Plan” shouldn't be underestimated.