The "Twelfth Five-Year Plan" was successfully concluded, and the "Thirteenth Five-Year Plan" proposal was reviewed and approved, sending a signal to sprint to build a well-off society in an all-round way. At this critical moment, the Central Economic Work Conference was held on 20 15. It is very important for the meeting to comprehensively analyze the characteristics and interaction between the long-term world economy and China's development stage, scientifically judge the historical position of China's economy, and actively make strategic choices to adapt to the new situation and development. The Central Economic Work Conference emphasized that "understanding the new normal, adapting to the new normal and leading the new normal are the great logic of China's economic development at present and in the future." This is the programmatic thinking of doing a good job in economic and social work in the new period, which is of great guiding significance for promoting the construction of economic, political, cultural, social and ecological civilization and realizing the goal of "two hundred years".

Understanding the new normal should be in place. The first is to correctly understand the economic growth rate and truly understand that the gradual slowdown in growth rate is caused by objective development and conforms to the law of economic development supported by international experience. Only in this way can we dispel the smog of "economic pessimism", get rid of the trouble of "speed dependence", avoid increasing stimulus measures, forcibly push up the economy, prevent contradictions from accumulating further, and even cause many risks. Secondly, we should see that the transformation of growth momentum and the rebalancing of economic structure are the basic characteristics of the new normal.

Actively adapt to the new normal. To maintain rapid economic growth, we must focus on improving total factor productivity. Growth supported by higher efficiency is the new normal in line with our wishes. If the growth rate is reduced and the efficiency is not improved, not only many contradictions covered by the rapid economic expansion in the past will be exposed, but also we will fall into the dilemma of slowing down too fast and intensifying contradictions. To actively adapt to the new normal, we must closely focus on improving the quality and efficiency of economic development, adjust macro-control ideas, establish targeted control targets for outstanding problems in economic operation, and work hard in an accurate, timely and appropriate manner; Adjust local development ideas, change the preference and mindset of heroes who talked about GDP in the past, and put more resources and energy into strengthening market supervision, innovating social management, providing public services and protecting the ecological environment; Adjust the strategy of enterprise transformation and upgrading, take R&D innovation and craftsman spirit as the key to survival and development, and truly take value creation as the foundation of enterprise.

Do something to lead the new normal. Under the new normal, China's economy will face a complex system transformation, which also means that the reform and opening up has entered a new stage. To achieve new development under the new normal, we can't just sit still. Only by accelerating reform can we overcome obstacles and push the economy to a new level. Promoting supply-side structural reform is a major innovation and inevitable requirement to adapt to and lead the new normal, and it is also the only way to solve practical problems and plan long-term development. It requires us to adjust the stock, make up our minds, make great efforts to remove capacity, inventory and leverage, and release resource elements from industries with overcapacity and limited growth space; It also requires us to cultivate increment, further simplify administration and decentralization, reduce tax burden, fully release the vitality and internal growth potential of market players, tap new impetus for traditional industries and open up new space for emerging industries.

Development depends on reform, and reform depends on ideological emancipation and conceptual innovation. Understand the new normal, adapt to the new normal, lead the new normal, with special emphasis on getting rid of inertial thinking and establishing scientific concepts. If the development concept is right, the objectives and tasks will be set, and the policies and measures will be set accordingly. The five concepts of innovation, coordination, green, openness and * * * enjoyment have profound connotations and are interrelated, which provide theoretical guidance and action guidance for doing all the work under the new normal. Under the guidance of the five development concepts, we should thoroughly study the new situation, solve new problems, seize the historical opportunity of time and tide wait for no man, and create a better future for China's economy.