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China's economy shifts from rapid growth stage into slower "new normal" stage. With growth and stability of the stage, China needs to gradually transfer from the exploration of "crossing the river by feeling the stones" and "bottom-up design", into the "top-down design" of reform and the whole promotion of system. The general objective proposed in the Third Plenary Session of 18th Congress of Communist Party of China is to improve and develop the socialist system with Chinese characteristics, and promote the modernization of national governance system and governance capacity. In the face of the economic downturn pressure of "new normal" and comprehensive reform needs, China needs to introduce a series of strategic planning and top-down design work, focus on economic reform and give play to its role as a driving force, make top-down design well and realize national governance modernization. In continuing to take economic development as the central task, it is essential to maintain an unswerving commitment to focusing on economic reform and governance modernization.
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Gao et al. (2015) studied this question.
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