This book provides a detailed and up-to- date analysis of the current and near-future domestic economic situation in China based on the concept of ¿New Normal¿, which was first proposed by Chinese President Xi Jinping and which is commonly used in discussions on Chinäs current economy. Chinäs New Normal is the result of the growing pressures on domestic resources, environmental restrictions, and unstable international economic recovery and characterized by a moderate economic increase, a proper increase in commodity pricing, stabilizing new employment and optimizing economic structure. The book argues that while China focuses on stability and quality in macro-control and enhancing reform and innovation, many contradictions