The Central Economic Working Conference is about to be held. As determined by the previous meeting of the Political Bureau, the main theme of the future economic work is to actively adapt to the new normal of economic development, maintain economic growth rate within reasonable ranges, and further prioritize mode transfer and structure adjustment. ANABOUND research team believes that as shown from various evidences, the long-awaited further reduction of economic growth target might become reality, which will provide room for deeper reforms, especially for those deeper reforms at local levels.