Currently, the central and local governments are in full swing to develop the "13th five-year plan".

Anbound's research team is of the view that following the increased pressure to promote steady growth, many local governments stifled by inertia thinking are still coming up with unrealistic project planning as they have yet to be on track for new normal.

It should be realized that the future development of China's economy should be somewhat controlled.

The implementation of a slower and higher-quality economic growth is the sustainable development path for China in the next five year.