Anbound's research team is of the view that under the new normal, the increased downward economic pressure is fostering an environment where virtual economy is preferred over the real economy. This environment is affecting China’s corporations, financial institutions and private investors.

If there are too many resources flowing towards virtual economy, this is unquestionably, detrimental to China’s economy.

The question on how to improve the environment for the development of real economy is an important issue that the policy department has to face.