On the Approach and Prospects of China's Economic Development Model Transformation

The 17th national congress of CPC explicitly points out that key to realize future economic development goal is to make significant progress in speeding up transformation of economic growth model,and improving socialist market economy system.Not only the quantity change should be highlighted in economic sphere,but quality upgrading and structure optimization in economic operation also should be emphasized and pursued even more to change economic development model.This is development idea sublimation of China's economy which expansion is from quantity-oriented to quality-oriented and is also key and guarantee to accelerate China's movement to a comprehensive well-off society.