With policy encouragement and media publicity, the China Securities Regulatory Commission (CSRC) and exchanges frequently raised their support for the "four new economic forms". It is estimated that "four new economic forms" will continue to be the theme of attracting capital in the future. However, there is also no lack of using such concepts in financial deception. China's economy is a big country economy and "four new economic forms" is only part of the economic system. From perspectives of the macro, industrial policy and financial policies, it is necessary to pay attention to the new economy, but attention should be given to the traditional economy as well; there must be a balance between the two.