Abstract:Economic construction is the central task of the socialist construction with Chinese characteristics, the aim for developing the economy of China is to increase the welfare of Chinese people, “sound and fast” economic development method is the new choice of China in new situation, and the great strategy of China’s economic development at new era is to build an innovativestyle country and to conduct overall urban and rural development and coordinative development between regions. The key to the acceleration of economic development is to deepen economic system reform and to establish and perfect system and mechanism conducive to selfinnovation and overall coordinative and sustainable development.