Abstract: It is of great significance for the underdeveloped countries to keep a faster path in their economic development in order to fundamentally improve their people’s living standards and to catch up with the advanced and developed countries even with a “frog jump” type. “To shift and slowdown”China’s economic development in the context of the new normality would arouse the suspicion of “slowing down before becoming rich”. It is necessary to grasp the lower limit of moderately development from the difference between moderate development and moderate growth. Moderate development is more focused on the improvement of economic growth efficiency, the formation of technological progress path conducive to structural optimization and the enhancement of the economic growth intensification. Resolving excess capacity does not necessarily lead to a decline in the pace of modest development, nor is slowing down a label for the new normality. Therefore, it is necessary to give a full play to the advantage of China’s unique complete industrial system, so as to further promote the steady and faster development of China’s economy in the process of industrialization.

Key words: moderate development; moderate growth; overcapacity; new normality; structural optimization