China's economy had a bad start to 2016, the country’s stock market has crashed and the continued depreciation of RMB exchange rate have considerable negative impacts on the market confidence, both at home and abroad.

ANBOUND’s research team is of view that against such backdrop, the first year of the country’s 13th Five-Year Plan will face a far more complex situation.

Judging from the central government’s policies, the core of the economic tasks for year 2016 are reflected in two aspects: firstly, to promote the deepening reform substantially and secondly, to address shaky economy by maintaining the steady economic growth while promoting transformation and restructuring.