What are the reasons for China s implementation of supply side structural reforms in 2015 and 2018?

Supply-side structural reform is to start from improving the quality of supply, use reform methods to promote structural adjustment, correct distortions in the allocation of factors, expand effective supply, improve the adaptability and flexibility of the supply structure to changes in demand, improve total factor productivity, better meet the needs of the broad masses of the people, and promote sustained and healthy economic and social development.

Extended information: The full name of supply-side reform is supply-side structural reform, and the structure here first refers to the industrial structure. Although the volume of China's tertiary industry is gradually growing, but in general, the structure of the three industries is still unreasonable, especially such as coal, steel, electrolytic aluminum and even some emerging industries There is serious overcapacity, and at the same time, heavy assets are the mainstay, and the proportion of light assets related to services is very small.

In this case, it is necessary to correct the convergence within the industry by "de-capacity", and effectively upgrade the industrial level, so as to form an external more economic structure of the entire industrial structure.

There are two basic ways to adjust the industrial structure, the former has been used as the main force in China's structural adjustment, such as the issuance of quantitative indicators, financial subsidies, or directly by the first to promote asset alliance and enterprise mergers and acquisitions, and so on. It must be recognized that the role of the allocation of resources in the industrial structure and immediate results, and because of the obvious local and industrial protection in China, under special conditions, the market alone can not fully realize the effective allocation of resources, and there may even be the result of bad money driving out good money. In this way, in the case that the market cannot achieve self-clearing, it needs to be promoted with an iron fist.

However, in many cases, because it is difficult to foresee, and even sometimes it is difficult to make accurate judgments on what is a reasonable industrial structure, so the results of adopting the method of guiding the adjustment of industrial structure in China have not been ideal. Here, in addition to the fact that the information mastered is not sufficient, mainly as a functional subject, when the structural adjustment enters a certain stage, the first does not withdraw in a timely manner, but participates in the entire process of resource allocation as always. Therefore, in the supply-side structural reform, we should grasp the heat of the market clearing, and once the "invisible hand" has the function of self-repair and improvement, we should give up the position of the protagonist to the market.

Those who have withdrawn from the structural adjustment camp actually have a broader strategic space that can exert their own energy, such as increasing investment and rationing in public goods and accelerating the process of "making up for shortcomings"; ** It can also create a relaxed environment for market operations, including encouraging innovation on the supply side, supporting and nurturing a good education and research system, and using PPP to carry out "pre-competitive development" of shared technologies and general technologies, etc. All in all, we should determine the accurate positioning of the roles in the different stages of supply-side structural reform, and try not to interfere in the resource allocation activities in the microeconomic field, so as to observe that the supply-side structural reform should be a systemic reform.

The ultimate goal of supply-side structural reform is to meet demand.

Supply-side structural reform aims to adjust the economic structure, achieve optimal allocation of factors, and improve the quality and quantity of economic growth.

Supply-side structural reform is to start from improving the quality of supply, use reform methods to promote structural adjustment, correct distortions in the allocation of factors, expand effective supply, improve the adaptability and flexibility of the supply structure to changes in demand, improve total factor productivity, better meet the needs of the broad masses of the people, and promote sustained and healthy economic and social development.

Supply-side structural reform is a major decision made after the 18th National Congress of the Communist Party of China on the basis of a comprehensive analysis of the long cycle of the world economy and the new normal of China's economic development, and is the main line of China's economic development and economic work in the current and future periods.

Meet the demand.

In the process of increasing investment, we will optimize the investment structure and industrial structure, and achieve sustainable economic development and continuous improvement of people's living standards on the basis of sustainable and rapid economic growth; It is to optimize the structure of property rights, and promote each other with the advancement of the country and the people, macroeconomic regulation and control, and the vitality of the people; It is to optimize the investment and financing structure, promote the integration of resources, and realize the optimal allocation and optimal regeneration of resources;

It is to optimize the industrial structure, improve the quality of the industry, optimize the product structure, and improve the quality of the product; It is to optimize the distribution structure, achieve fair distribution, and make consumption a productive force; It is to optimize the circulation structure, save transaction costs, and improve the effective economic aggregate; It is to optimize the consumption structure, realize the continuous upgrading of consumer goods, continuously improve the quality of people's life, and realize the development of innovation, coordination, green, openness and sharing.

Supply-side structural reform: It aims to adjust the economic structure and achieve the optimal allocation of factors.

Pick B. The ultimate goal of supply-side structural reform is to meet demand, the main direction is to improve the quality of supply, and the fundamental way is to deepen reform.

The reasons for China's supply-side structural reform are ().

a.China's economic growth rate has shifted from high-speed to medium-high speed.

b.China's development mode has changed from extensive growth to intensive growth.

c.China's industrial structure has been transformed from the middle and low end to the middle and high end.

d.China's economic growth momentum has shifted from innovation-driven to factor-driven.

Correct answer: ABC

The economic basis of supply-side structural reform is that production can create impetus for consumption, and supply-side structural reform is to start from improving the quality of supply, use reform methods to promote structural adjustment, correct the distortion of factor allocation, expand effective supply, improve the adaptability and flexibility of the supply structure to changes in demand, improve total factor productivity, better meet the needs of the broad masses of the people, and promote the sustainable and healthy development of the economy and society. Supply-side structural reform is to start from improving the quality of supply, use reform methods to promote structural adjustment, correct the distortion of the allocation of factors, expand effective supply, improve the adaptability and flexibility of the supply structure to changes in demand, improve total factor productivity, better meet the needs of the broad masses of the people, and promote sustained and healthy economic and social development.

The multiple-choice question proposes the economic basis for supply-side structural reforms.

a.Production can create an incentive for consumption.

b.Consumption drives economic growth.

c.The super-oriented effect of consumption on production.

d.Avoid blind and rational consumption.

Answer: aProduction creates an incentive for consumption.

Analysis: This question mainly examines the relationship between production and consumption. Supply-side structural reform is to start from the supply and production side, enhance the innovation ability of enterprises, improve the quality of supply, improve the supply structure, and make supply better adapt to demand. BCD is not in line with the topic, and wild beards are excluded.

Legal Analysis: The ultimate goal of supply-side structural reform is to meet demand.

Legal basis: Article 15 of the Constitution of the People's Republic of China The State implements a socialist market economy. Spike search.

The country has strengthened economic legislation and improved macroeconomic regulation and control.

The State prohibits any organization or individual from disrupting the social and economic order in accordance with law.

Legal Analysis: The ultimate goal of supply-side structural reform is to meet demand.

Legal basis: Article 15 of the Constitution of the People's Republic of China Article 15 The State implements a socialist market economy.

The state has strengthened economic legislation and improved macroeconomic regulation and control.

The State prohibits any organization or individual from disrupting the social and economic order in accordance with law.