关键词: 反弹 , 分化 , 周期转换 , 新改革 , 中国宏观经济

Abstract:  Chinas macro economy in the first half of 2017 showed two basic characteristics: bounce and differentiation. Taking the trend of differentiation between numbers and pricing as the example, Chinas economy showed a wider range and more level of differentiation characteristics in the process of bouncing. The major problem of the current economy is domestic economy failed to transmission in shortterm and productivity decline in longterm. This is the reflection of the structural problem of the release of various risks accumulated during the cyclical downturn of the economy and the tightening of domestic policies, the weakening of traditional kinetic energy and the birth of new cycles. The new cycle of the world is difficult to hold up the cycle of Chinas transition, but the pulling effect enabled us to have more time to solve the internal structural problems. To truly start a new cycle, we need a new reform to solve transmission difficulties of the economy, and with the construction of new kinetic energy as the core power of the new cycle. In this regard, we put forward the concerns and models of the new reform.

Key words: bouncing , differentiation , shifting cycles , reform , Chinas macro economy