As the end of the year is approaching, there are tensions in the Chinese capital market, as well as fluctuations in the stock market and the bond market, and that the stock market has plunged recently. Chinese bond yields continued to soar, which intensifies the market's call for the Central Bank to divert its monetary policy. However, focusing on the short-term goal does not solve the problem of China's economy. In response, Chan Kung, chief researcher at Anbound believes that both current and future macroeconomic and industrial policies in China should be based on the goal of achieving balanced and steady development.