China has made remarkable achievements in economic development. This book gives a brief review of China’s economic achievements over the past 70 years, expounds on the connotation of the new normal in addition to the new development concepts that play a leading role in China’s economic development with Chinese characteristics. It also introduces China’s shift from high-speed growth to high-quality growth, and the formation of a new pattern of further opening-up. China’s success and experience in economic development also play an integral part in the development of human civilization.