Abstract:China's economic growth is suffering downward in 2015, the annual GDP growth rate is predicted at around 6.9%. Although China's economy confronts several challenging issues both internationally and domestically, there are some positive factors from the deepening reform. The GDP growth in 2016 is expected to keep on slow down, with a growth rate of around 6.7%, about 6.5% in the first half year and 6.8% in the second half year. Currently, China should pay more attention on surplus supply and insufficient demand, high leverage and big potential systemic risk, low efficiency of resource allocation, and relatively poor quality of economic growth.