The current debate on China's macro economy is actually an argument over market confidence. Premier Li Keqiang has repeatedly highlighted that China’s economy should depend on deepening reform rather than strong stimulus. According to ANBOUND think tank scholar, the market expectation towards macroeconomic reform has gradually weakened and even doubts the effectiveness of these policies and market connection. Under the new situation, the macroeconomic policy should shift from "conservative-oriented steadiness" to “aggressive-oriented steadiness”.