www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / View

Deepening of supply-side reform continues

By Liu Yuanchun | China Daily Africa | Updated: 2017-10-22 15:04

Further exploration of this strategic task is needed to achieve the substantial progress required

In order to adapt to the economic new normal, deepening supply-side structural reform was an almost inevitable choice.

Now, further exploration of this new strategic task - its mode and means of implementation - is needed to achieve substantial progress.

The Decision of the Communist Party of China Central Committee on Some Major Issues Concerning Comprehensively Deepening Reforms in 2013 offers some guidelines for this undertaking, while the generally stable, positive and progressive trend of the Chinese economy provides the foundation and space for deepening supply-side reform. But although the progress and experience gained since the end of 2015 offer practical lessons for the implementation of Chinese structural reform, there are new challenges that need to be overcome.

On the one hand, a theoretical framework for supply-side reform has been established, which determines how it fits into the theory of a socialist market economy, but how to popularize its methodology and basic concepts is a problem that needs to be solved.

On the other hand, some new dilemmas and conflicts have emerged when carrying forward structural reforms over the past year. For instance, insufficient innovation at local levels and the over-reliance on administrative measures in some sectors. The market has to play a bigger role to make the supply-side reforms sustainable in the long run.

Since November 2015, President Xi Jinping has made a number of speeches that have enriched the theoretical connotations of supply-side reform and set out practical guidelines for the reforms to be more fruitful. In doing so, he has also pointed out the direction for advancing the innovation and practice of theory in the next stage.

First, we need to locate the key tasks of supply-side reform based on the principal contradictions in different stages. As the steady growth target has achieved substantial progress and the "L-shaped" growth trend of the economy has adjusted into the bottom part of operation, risk control should be the next focus of reform and short-term macro regulation. This requires the government to put emphasis on problems that might trigger systemic financial risks, such as high levels of debt and too little capital flowing into the real economy.

Second, we need to ensure that supply-side reform is problem-oriented, so it can gradually solve the underlying structural and institutional problems, then further expand the depth and extent of supply-side reform.

Third, we need to sort out the core perspectives and main direction of the reform. The focus of future work should be ensuring that the real economy prospers. Therefore, priority should be given to eliminating "zombie" companies and reducing the leverage ratio of enterprises, offering support to companies by cutting taxes and fees. The government should also respond to people's urgent needs and tackle problems that seriously restrain socioeconomic development.

Fourth, we have to motivate local authorities to come up with more innovative approaches to implement reforms and inspire them to have more enthusiasm when tackling any problems that emerge in the implementation of reforms, to smoothly finish "the last mile of reform".

The author is vice-president of Renmin University of China. The views do not necessarily reflect those of China Daily.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩欧美~中文字幕 | 日韩午夜片 | 日韩在线观看一区二区三区 | 国产成人理在线观看视频 | 日韩在线视频观看 | 97视频久久 | 涩涩国产精品福利在线观看 | 一区二区三区中文国产亚洲 | 一级欧美毛片成人 | 一本久综合久久爱 | 亚洲国产美女视频 | 日黄网站 | 久草免费新视频 | 久久在线免费视频 | 欧美精品不卡 | 中文字幕在线免费观看 | 国产孕妇孕交大片孕 | 亚洲一区二区三区中文字幕 | 欧美日本高清视频在线观看 | 青青草国产免费久久久91 | 国产欧美另类久久久精品免费 | 亚洲一区二区三区在线视频 | 免费人成激情视频在线观看冫 | 国产日韩不卡免费精品视频 | 欧美国产成人精品一区二区三区 | 三级香蕉 | 女人张开腿 让男人桶视频 女人张开腿等男人桶免费视频 | 色老头一区二区三区在线观看 | 91精品自在拍精选久久 | 精品国产1区 | 欧日韩视频| 国产 magnet| 欧美日本韩国一区 | 免费鲁丝片一级观看 | 男人的天堂精品国产一区 | 久草在线新视频 | 日本加勒比在线观看 | 99久久精品费精品国产一区二区 | 亚洲自偷自偷图片在线高清 | 精品综合久久久久久88小说 | 久草视频观看 |