Influenced by the policy of “Stabilize growth，Adjust structure，Promote reform”，the peak in the ascent stage of business growth cycle from July 2012 has appeared in September 2013 and then business growth cycle began to decline with small amplitude.Assuming no extensive policy adjustments，the downtrend situation of climate index will persist to June or August and gradually bottom out in the second half of 2014.The climate index is expected to run within the upper interval of “light blue regime” and “green regime” in the first and second half of 2014 respectively.In the condition of steady economic growth，the price level will generally maintain stable situation in 2014.The situation home and abroad is complex and changeable while the economic operation has considerable uncertainty in the shift period of deepening reform.The macro economic policy should follow the principle of “make progress in stability”.Specifically，the policy should be relatively easing and timely appropriate adjusted according to the economic circumstance.