What Is The Value Of Supply Side Structural Reform?

The national "two sessions" are being held in full swing in Beijing. "Supply side reform" has undoubtedly become one of the high frequency words.

Why do we need to carry out the reform of the supply side? Can the supply side reform bring us more "red packets"? On the 11 day, the Central People's broadcasting station and CNG held a forum on "promoting supply side reform to promote structural upgrading".

Speaking of the importance of the supply side reform, Jia Kang, the member of the CPPCC National Committee and President of the Huaxia new supply Economics Research Institute, believes that the real world market competition is imperfect competition, and the government needs to deal with the "political supply" that guides the structural optimization and the complex issue of "institutional supply" that inspires potential and vitality.

Moreover, from the perspective of regulation practice, the US supply management played a major role in the financial crisis.

"Supply side reform" is not a new concept of labelling, nor does it negate the meaning of demand side and simply copy the American supply school, nor does it mean the so-called "new planned economy". Jia Kang stressed that the supply side proposed by China is actually a pitional innovation that links the past with the past, carries forward the future, and integrates theory closely with practice. It is a systematic project that draws on all domestic and foreign demand, supply management experience, and focuses on supply system construction.

"Liupanshui uses local climate and operates ski resorts in winter. The number of tourist trips and tourism revenue in the winter skiing in the city in 2015 increased by 217% and 202% respectively, which is a factor upgrading."

Talking about the supply side structure of local governments

Li Zaiyong, Secretary of the National People's Congress and Secretary of the CPC Guizhou Liupanshui Municipal Committee, believes that the upgrading of elements brought about by reform can play an important role in bringing real benefits to local people.

Li Zaiyong believes that the supply side structural reform needs to grasp the supply of six factors: first, to innovate the supply of land elements, and to implement differentiated land use pfer policies; two, to innovate the supply of financial elements, and to actively provide financial support for enterprises; three, to create the supply of human factors, and to create an environment conducive to the innovation and Entrepreneurship of all kinds of talents; four, to innovate the supply of labor elements, to strengthen education and training, to ensure adequate supply of high-quality labor; five, to innovate the supply of production factors such as water, electricity, gas and communications, and to provide good infrastructure conditions for the main business entities; six is to supply innovative ecological environment elements, adhere to Ecological Industrialization and industrial ecology, and achieve the organic unification of maximizing the four values of ecology, economy, society and tourism value.

Clear.

In terms of reforming the theoretical role, how can we operate the actual situation? In which investment, as one of the "three carriages" of the traditional economy, will be shown in the future "13th Five-Year"? The director of the national development and Reform Commission, Xu Xu Lin, said that the main tasks of the supply side structural reform in the investment field include three aspects: first, improving the supply of the system and improving the system and mechanism; two, promoting structural adjustment and cultivating the development of kinetic energy; three, innovating investment and financing methods to increase the supply of public goods and services.

"Our workload in these three years has been reduced by 50% every year. The center of investment management has progressively approved and approved the process service and supervision afterwards, which has greatly increased efficiency and mobilized the society.

Enthusiasm.

However, compared with the requirements of the pformation of government functions and economic and social development, there are still some problems: for example, decentralization and decentralization are not coordinated, not in place, and the status of investment entities of enterprises needs to be further established.

Xu Kunlin said, "this requires us to speed up the reform of investment and financing system, and constantly improve institutional supply to provide policy guarantee and new impetus for development."