In the past 30 years, China's economic and social construction has made great progress; the country was almost completely paralyzed during the Cultural Revolution, but has now recovered and become the second largest economy in the world. However, Anbound Think Tank's chief researcher Chan Kung believes that now China’s economic and political situations have reached an unprecedented complexity, and there is an urgent need for further reform, yet the reform’s strategic thinking and method should be redesigned, particularly in handling issues like promoting new economic impetus, narrowing the gap between the rich and the poor, social stability, environmental governance, reducing debt levels and others. The experimental, slow and pragmatic reform should no longer be continued.