This report studies the quantitative relation between potential growth rate and development level by using historical data from Chinese provinces since 1994. It uses this information to forecast the potential growth rate in the next decade.

Compared with traditional decentralized operations, new agricultural operating organizations will help improve economies of scale and labor productivity, enhance the ability to resist natural risks and market risks, promote rural development, and increase agricultural efficiency and farmers’ income.

Considering the economic operation in the second half of the year and long-term economic operation, the downward pressure on economic growth remains.China should carry out regulatory policies to specific targeted regions, and combine overcapacity adjustments with regional industrial layout optimization.