Pressure of economic slowdown in China in the first quarter surpassed expectation. ANBOUND research team suggests that the Chinese government might introduce a series of policies to "steady growth" to compete against the pressure of economic slowdown for time. A new round of “steady growth” policy will focus on increasing effective investment, mainly in four fields including environmental protection, water conservancy, transportation and communication. The market hopes that the central bank will support “steady growth” by RRR cuts and interest rate cuts. However, where will the released liquidity go still requires observation.