稳中有进

China has, overall, achieved a stable performance while at the same time securing progress in its economic and social development。 

"稳"的主要标志是，经济运行处于合理区间。"进"的总体特征是，发展的协调性和可持续性增强。 

The main indication of this stable performance is that the economy operated within an appropriate range. The underlying feature demonstrating progress is that our development is becoming better coordinated and more sustainable。 

中等收入陷阱 

Middle-income trap 

化解各种矛盾和风险，跨越"中等收入陷阱"，实现现代化，根本要靠发展，发展必须有合理的增长速度。 

In order to defuse problems and risks, avoid falling into the "middle-income trap," and achieve modernization, China must rely on development, and development requires an appropriate growth rate。 

拦路虎 

Tigers in the road 

我国经济发展进入新常态，正处在爬坡过坎的关口，体制机制弊端和结构性矛盾是"拦路虎"，不深化改革和调整经济结构，就难以实现平稳健康发展。 

China's economic development has entered a new normal. Our country is in the crucial period during which challenges need to be overcome and problems need to be solved. Systemic, institutional, and structural problems have become "tigers in the road" holding up development. Without deepening reform and making economic structural adjustments, we will have a difficult time sustaining steady and sound development。 

双目标、双引擎 

Dual objectives, twin engines 

我们要把握好总体要求，着眼于保持中高速增长和迈向中高端水平"双目标"，坚持稳政策稳预期和促改革调结构"双结合"，打造大众创业、万众创新和增加公共产品、公共服务"双引擎"，推动发展调速不减势、量增质更优，实现中国经济提质增效升级。 

We must focus on achieving the dual objectives of maintaining a medium-high-level growth rate and moving toward a medium-high-level of development. We need to maintain policy continuity and keep expectations stable while moving forward with reform and structural adjustment, and we need to develop twin engines to drive development: popular entrepreneurship and innovation, paired with increased supplies of public good and services. This will ensure that our growth rate is adjusted without weakening momentum and that growth in quantity is underpinned by greater quality, thereby achieving a better-quality, more efficient, upgraded economy。