The economic growth in China for the third quarter was 6.9%. For the first time in six year, the economic growth rate was below 7%.

In this regards, Anbound's research team is of the view that, first and foremost, the government has admitted with an open heart that the GDP growth rate is less than 7% and hence overcome the earlier psychological barrier.

Secondly, the full-year growth rate of 7% is still possible.

Thirdly, it is highly likely that the 13th five-year plan will set 7% as its target growth rate.

Fourthly, the next macro policy might need to be divided into two phase. The first phase being the short-term policy for the fourth quarter of 2015 and the second phase being the mid-term policy for 2016 and onwards.