思与治:再论新常态下我国的供给侧改革

The Reflections and the Governance: A Further Study on the Supply-side Reforms under the New Normal

过去持续宽松的货币政策与财政政策刺激加速了我国经济出现"产能过剩"与"供需错配"现象,供给侧结构性改革被认为是治理这一现象的最佳良药,然改革的实践却与理论出现了一定程度的背离,严重阻碍了改革的效率与质量。据此,文章在对供给侧结构性改革理论与实践相背离现象进行深入剖析的基础上,提出依托"财税体制改革"降成本,创造条件促企业转型、激发居民需求;依托"政府管制放松"以发挥市场作用矫正资源错配,创造条件推进国企改革;依托"市场化"去产能,创造条件促企业有序退出;依托"金融市场改革"去杠杆,创造条件提高资源配置效益,以及依靠制度创新推动科技创新,创造条件提升企业自主创新能力五个方面提出了助力我国供给侧结构性改革的建议。

In the past years, the stimulation of the continuous easy monetary and fiscal policy, has accelerated both the ＂productivity surplus＂and the ＂ mismatch between supply and demand＂ phenomena. The supply -side structural reform is considered as the best therapy. However,certain divergence emerges between practice and theory, which has seriously hindered the efficiency and the quality of the reform. According tothis reality, on the basis of analyzing the divergence, the article proposed several suggestions on aiding the supply -side structural reforms, as toreduce costs relying on fiscal and tax reform; to promote enterprises＇ transformation and the demands of residents; to play the role of market oncorrecting the misallocation of resources relying on government deregulation ; to promote the state-owned enterprise reform by creating conditions;to promote the enterprise orderly exit relying on marketization; to improve resource allocation efficiency relying on financial market reform, topromote scientific and technological innovations relying on institutional innovation and to enhance enterprises＇ independent innovation capability.