Many key policies have been introduced since April and it shows the government's determination to promote China’s economic and social development in this new era. However, ANBOUND is pessimistic towards the impact of introducing too many key policies at the same time, because the scope of the policies are too broad, there is conflict of target amongst the policies and there is mismatch between the duration of the policies. Therefore, the implementation of the policies will be facing multiple challenges and the government needs to prioritize the policies and put the reform measures forefront.