The central economic work conference was held in Beijing from Dec 9 to 11, 2014. President Xi Jinping delivered an important speech at the conference.
China's A-share market, suffering from depressed valuations for years, showed very definite signs of a rebound in 2014.
China's top leadership will meet on Tuesday for a Central Economic Work Conference to map out economic and reform plans.
Chinese central authorities said on Thursday that the country must understand the new normal, adjust to the new normal, and develop under the new normal.
China will strive to keep economic growth and policies steady in 2015 and adapt to the "new normal" of slower speed but higher quality, said a statement released after a crucial economic policy meeting concluded on Thursday.
Although China has managed to maintain a relative high growth of more than 7 percent, it needs to resolve some major issues, including the anti-corruption campaign, employment, and poverty reduction.
China could deliver its social and economic goals for 2014 "relatively well", with the economy staying within a reasonable range, a statement issued after the Central Economic Work Conference on Thursday stated.
The nation will accelerate the reform of its gigantic central State-owned enterprises so they can expand globally, modernize their management and become more innovative.
Further easing in consumer inflation and accelerating industrial deflation reflect stagnation, and that may push China's central bank to cut banks' required reserve ratios.
As China continues to embrace e-commerce, the demand will rise for professionals who can create user-friendly websites and applications that can engage customers.
Economists expect the three-day Central Economic Work Conference to focus on preventing downside risks and promising to accelerate the pace of various economic reforms in 2015.
Chinese Premier Li Keqiang said he looks forward to a moderate to high speed of economic growth for the country on Wednesday.
China is actually the victim of global deflation, rather than the source of it.
Economists are calling for more proactive fiscal policies to counter the deepening slowdown in growth, as the annual work conference will start.
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