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What do you mean by bottoming out?
The meaning of bottoming out: describe that the economy has reached its limit and started to rebound strongly.

Bottom rebound is a special vocabulary in finance, which describes that the economy has reached its limit and started to rebound strongly. Now it has been widely cited in various fields.

After falling to a certain value bottom line, the actual price began to rebound below the actual value. After serious oversold, the price fell below people's psychological bottom line. When the stock price of a valuable company is seriously out of touch with the actual value, the purchasing potential is also huge, and generally this sustained rebound will be accompanied by favorable conditions.

From the international experience, it is unlikely that there will be a V-shaped reversal after the economy bottoms out, and it may take a long time to enter a new growth platform. Enterprises should be prepared for a protracted war. Under the new economic normal, enterprises should not blindly pursue emerging industries, but should combine their own industrial advantages and devote themselves to the transformation and upgrading of traditional industries.

All regions should develop their own characteristic industries according to local conditions and inject new connotations into the transformation and upgrading of traditional industries.

At the same time, we should optimize the economic structure. In terms of demand structure, we should make economic development rely more on domestic demand, especially consumer demand, optimize investment structure and improve investment efficiency;

In terms of industrial structure, make economic development rely more on service industry and strategic emerging industries, and vigorously develop circular economy and green industries; We will closely integrate the promotion of new industrialization, new urbanization, agricultural modernization and the construction of ecological civilization to promote economic transformation and upgrading.