After the 2008 financial crisis, reality prompts people to reflect on the traditional theoretical frameworks of economics and the practical experiences based on macro-control and "demand management." The new...After the 2008 financial crisis, reality prompts people to reflect on the traditional theoretical frameworks of economics and the practical experiences based on macro-control and "demand management." The new reality also stimulates innovative efforts to "connect theory with practice" and leads academia and decision-makers to pay unprecedented attention to "supply management" regulation and structural supply-side reforms. Based on the theoretical innovation of the "new supply-side economics," this paper systematically discusses China's supply-side reform and its related issues from four levels—the innovation of closely connecting theory with practice, the problem-oriented innovation of re-making the momentum system under the new normal, the innovation for overall and long-term goals based on comprehensive planning and systematic engineering, and the innovation of institutional supply centered on reforms and modernization.展开更多
Based on the comprehensive reform after the 18th National Congress of the Communist Party of China(CPC),the Fifth Plenary Session of the 18th CPC Central Committee proposed a systematized and modern strategy for devel...Based on the comprehensive reform after the 18th National Congress of the Communist Party of China(CPC),the Fifth Plenary Session of the 18th CPC Central Committee proposed a systematized and modern strategy for development.This proposal regards innovative development as a primary driving force,and incorporates coordinated development,green development,and open development-ultimately converging on shared development.Subsequently,policymakers articulated the guiding opinion of“putting forth efforts in promoting supply-side structural reform”,which elicited extensive attention and discussion.This paper mainly focuses on the theoretical connotation and suggestions of supply-side reform.展开更多
文摘After the 2008 financial crisis, reality prompts people to reflect on the traditional theoretical frameworks of economics and the practical experiences based on macro-control and "demand management." The new reality also stimulates innovative efforts to "connect theory with practice" and leads academia and decision-makers to pay unprecedented attention to "supply management" regulation and structural supply-side reforms. Based on the theoretical innovation of the "new supply-side economics," this paper systematically discusses China's supply-side reform and its related issues from four levels—the innovation of closely connecting theory with practice, the problem-oriented innovation of re-making the momentum system under the new normal, the innovation for overall and long-term goals based on comprehensive planning and systematic engineering, and the innovation of institutional supply centered on reforms and modernization.
文摘Based on the comprehensive reform after the 18th National Congress of the Communist Party of China(CPC),the Fifth Plenary Session of the 18th CPC Central Committee proposed a systematized and modern strategy for development.This proposal regards innovative development as a primary driving force,and incorporates coordinated development,green development,and open development-ultimately converging on shared development.Subsequently,policymakers articulated the guiding opinion of“putting forth efforts in promoting supply-side structural reform”,which elicited extensive attention and discussion.This paper mainly focuses on the theoretical connotation and suggestions of supply-side reform.