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Web of Proceedings - Francis Academic Press

Research on China's Industrial Structure Adjustment and Transformation under the New Normal Model of Economics

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DOI: 10.25236/icemc.2019.151

Author(s)

Yong Fu

Corresponding Author

Yong Fu

Abstract

China's economy has entered the new normal. To develop China's economy with high quality, China should move to a more decisive structural change to give the internal imbalances and external imbalances problem the unified solution, and search for a breakthrough point in the structural adjustment and cyclical adjustment, and all-round think innovation of model of economic development in the overall framework, within which we open a new round of China's future economic growth. The paper will focus on the analysis of motivation of industrial structure adjustment and transformation, and discuss China's industrial restructuring and transformation approach.

Keywords

Economic Development, Industrial Structure, the New Normal Model of Economy, Adjustment, Transformation