(Photo :RMB)

With China reigning the title as the second-biggest economy in the world, Premiar Li Keqiang now moves in a different kind of strategy. With the possibility of an economic downfall, the country's policy now gears to pain-free changes.

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He Qiang, an economist at the Central University of Finance and Economics, said that "The government has to safeguard its bottom line in growth, while restructuring the economy. It's very difficult to balance."

"Economic restructuring cannot be achieved overnight and it should be a gradual reform, not a revolution."

The Chinese government is aware of the risks since the economy steadily weakens as the changes progress. The need to carefully overlook the reforms may actually help in securing the future of the economy, but it does entail a lot of work to prevent an economic downfall. If they pusher further without precaution, then the government has to go back to the old economic plans they tried to change.

President Xi Jinping has urged officials to  "to deepen reforms in all aspects," as quoted by the official Xihua news agency. With this statement, he also recognized the importance of  "being courageous and walking steadily."

President Xi Jinping and Li were the appointed lead to wean the country from the economic reform, which earned the country to be at the top of the global economy. Their old policies of easy credit and expansion has been effective, but they see another opportunity with the reform.

Zhang Bin, an economist at the Chinese Academy of Social Science said, "The direction of reform is clear. There are no differences on whether we need reforms, but the key question is how to implement them."