The U.S. Growth Strategy From Recession and

Abstract—Since 2009, the Obama’s Administration carried out the new growth strategy to drag the U.S. economy out of the imbalanced and sluggish growth dilemma from the recession. For the 5-year-implementation of the measures, this paper draws the framework and summarizes the main measures applied. Further, the comprehensive assessment of the strategic effects shows that the strategy has played a positive role on accelerating the economic recovery, reducing the internal and external imbalance, expanding exports, revitalizing the substantive economy and promoting the sustainable economy development. But the federal government still needs to face the challenges. Finally, this paper discusses the implications of U.S. growth strategy to China’s economy transformation, industry development, international cooperation, and sustainable and balanced growth in the post-crisis era. Keywords-New strategy; Sustainable and balanced growth