Abstract:The “New Normal” of economy is economic development character from one status to another, and it can be described in kinds of perspectives, levels and fields. Therefore, the “New Normal” of economy can be researched in different perspectives, levels and fields. In the context of market economy, the “New Normal” of Chinese economy is the transfer from non-normal to normal, i.e. “planned economical normal” turns to “socialist market economic normal” by “market economic non-normal of marketized transformation”, an evolution of “old normal—non-normal—new normal”, of which the core lies in market economic rule, operation mechanism, new market structure and mode, and its evolution. In the context of other countries, the “New Normal” of Chinese economy is the new normal derived from old normal with Chinese characteristics, developed from reform, the transition of government functions and deregulation of the government and enterprises independently develop in fierce competition and innovation, which is essentially different from the New Normal through de-leveraging and enforcing government control by the US. In the context of developing stage and environment, the “New Normal” of Chinese economy should be orientated in the direction of economic transformation and continuous resource and environmental constraints, accelerating the change of economic growth mode, turning to innovation drive from element drive and investment drive, upgrading economic structure, emphasizing people’s livelihood and ecological civilization construction. In addition, the “New Normal” of Chinese economy can be elaborated in the perspective of region, industry, even city, enterprise etc.