1. New normal

The phrase "new normal" was highlighted at a recent meeting of the Political bureau of the CPC Central Committee to convey the idea that China needs to focus on the quality of its economic development and adapt to a new situation. The new normal will be the hit phrase in the next five years, reflecting the direction of our economic development. Reform and innovation will be the two pillars.

－Chen Fengying, director of the Institute of World Economic Studies at the China Institutes of Contemporary International Relations.

China is becoming the leader of global bilateral and multilateral free trade. In the next three to five years, the new normal of China's opening-up will be China having a greater voice in mapping out international rules. China will be a participant and one of the leaders in international governance.

－Chi Fulin, president of the China Institute of Reform and Development and an adviser to the central government.