Adapting to the 'new normal'

Central Economic Work Conference report indicates a search for balance between growth and reform amid difficulties

A document released by the country's leadership at the conclusion of this year's Central Economic Work Conference on Dec 11 sets out the main objectives and principles for the economic policy of 2015, with a large part devoted to describing the "new normal" for China's economy.

Nonetheless, the leadership has stated that "the key is to maintain a balance between steady growth and structural adjustment" and made striving to maintain steady economic growth as the top priority.