"New normal" focuses on a shift from high-speed growth to moderately high growth. It also marks a shift from focusing on quantity and speed to focusing on quality and efficiency in the growth model. Adapting to the "new normal" is a strategic choice by the government to help the economy maintain steady and healthy development despite a slower growth rate.
Chen Fang is with the country's top political advisory body.
"It is strategic thinking and strategic choice for economic growth. It is defined in two words: 'new' and 'normal'. 'New' means we should have different development concepts as compared with before, and 'normal' means the economy should maintain a sustainable, steady and