The Unirule Institute of Economics released its Macroeconomic Analysis Report for the 2nd Quarter of 2012 at a conference held on July. 20th,  2012. Prof. Zhuang Shuguang introduced the report. He analyzed China’s current macro-economy in detail, especially the macroeconomic conditions and its trends in the 2nd Quarter of 2012. Prof. Zhang also introduced and criticized the government's economic policies. He estimated that the decline of potential economic growth stems from the current bad economic situation and China's system and economic structure, which caused some reduction in corporate profits.

According to the report, it is still normal that China's GDP growth slows to 7.8% and closes to the government's target line . The steady growth strategy has become the main objective of macro-economic readjustment policy . In fact, monetary policy has been loosened from the beginning of this year. In addition, major progress has been achieved in adjusting the Asymmetric Interest Rate and widening the bands. However, the effects of monetary policy tool are not obvious. There are still some prominent issues and deep-rooted problems affecting economic performance, which cannot be solved through the policy adjustment. This means that we must quicken the pace of economic structural adjustment and system reform.