The request to China"s economic growth proposed by the "new normal" actually will pressure China’s economic transition by growth target. However, the transition result is complex from the financial perspective. For ANBOUND chief researcher Chen Gong, time will tell that whether the transition of financial industry is involved in the “new normal” strategic concerns. Generally, lessons from other countries suggest that control can never catch up with the pace of market, and major risks are likely to emerge occasionally. Among the available policy options, the best one is to design some tools for reducing the transition speed and braking in advance, which can be used when necessary.
