Before the 19th National Congress of the Communist Party of China, the Chinese economic community had the dispute on the "new cycle", referring that the economic development is about to enter a new up cycle. This point of view has caused a great controversy, the final party did not admit the defeat, while the official did not accept the view; the matter was eventually put aside. Since then, there was an institution proposing the idea of "new platform", which means that China's economy should stick to the rules. Some also claim that the 19th National Congress will open a "new stage", which means "socialism with Chinese characteristics" will enter a new stage of development.