三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Economy

Supply-side reform 'needs a big push'

By Xin Zhiming and Wang Yanfei (China Daily) Updated: 2016-05-17 02:48

President Xi says this is key to overall and long-term health of the economy

Supply-side reform 'needs a big push'

A labourer cuts steel bars at a railway bridge construction site in Lianyungang, Jiangsu province, September 12, 2015.[Photo/Agencies]

President Xi Jinping urged on Monday to "resolutely push forward supply-side structural reform" as the world's second-largest economy still faces strong headwinds, reflected by its easing economic indicators for April.

The reform is the key to the overall and long-term well-being of the Chinese economy, he told a meeting of the Central Leading Group on Financial and Economic Affairs. The Chinese economy faces cyclical problems as well as challenges of scale, but the structural and supply-side problems are the most serious, he was quoted by China Central Television as saying.

"The main direction (of the reform) is to reduce ineffective supply, increase effective supply, and make the supply structure more fitting to the demand structure," he said.

The core of the reform is to push the reform of State-owned enterprises, accelerate the transformation of government functions, and deepen fundamental reforms, such as those in the pricing, fiscal and taxation, financial and pension fields, the president added.

The market and government should both better play their roles to balance the reforms, he said.

Xi made the comments following publication of an article by People's Daily on May 9 citing an "authoritative figure" who analyzed the causes of China's economic woes and offered the prescription of supply-side reform.

On May 10, People's Daily published the text of a speech that Xi delivered to principal ministerial and provincial officials in January, when he had said that China's economic future will hinge on supply-side structural reforms.

"Xi's reiteration of supply-side structural reform reflects policymakers' judgment of the current situation," said Dong Yuping, an economist at the Chinese Academy of Social Sciences. "Supply-side structural reform is the key to solving the problems facing the economy," he told China Daily.

Supply-side reform, which should focus on "allowing the market to play a decisive role", must be pushed to add to the long-term vitality of the Chinese economy, said Dong.

Niu Fengrui, director of the Institute for Urban and Environmental Studies at the Chinese Academy of Social Sciences, said China has yet to effectively implement the supply-side reform agenda. "That's why Xi has repeatedly called for strengthening of efforts to push the reform," Niu said.

China's economic growth dipped to 6.9 percent last year, the slowest in 25 years. Although economic indicators showed a mild rebound in the first quarter, the April data show the momentum of recovery has eased.

Contact the writers at xinzhiming@chinadaily.com.cn

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 免费国产成人手机在线观看 | 8888四色奇米在线观看不卡 | 久久久国产一区二区三区 | 日本乱理伦中文三区 | 无码免费一区二区三区免费播放 | 亚洲综合色丁香婷婷六月图片 | 制服丝袜视频在线 | 欧美男女爱爱视频 | 中文字字幕在线 | 亚洲国产欧美91 | a级毛片免费观看网站 | 女人aaaaa片一级一毛片 | 国产欧美自拍 | 国产成人综合欧美精品久久 | 亚洲黄色免费 | 国产成人啪精品午夜在线播放 | 中文字幕一级毛片视频 | 久久久久综合国产 | 久久综合狠狠综合久久综合88 | 欧美一区二区三区精品 | 九九精品热线免费观看6 | 香蕉人精品视频多人免费永久视频 | 黄片毛片在线观看 | 在线a级| 婷婷国产偷v国产偷v亚洲 | 黄色激情网站 | 日本中文字幕一区二区 | 亚洲欧美网址 | 国产精品福利在线播放 | 国产精品亚洲精品观看不卡 | 午夜性刺激免费视频 | 欧美制服丝袜在线 | 亚洲精品国产乱码在线播 | 日本制服丝袜在线 | 国内精品一区视频在线播放 | 亚洲国产精品日韩在线观看 | 国产精品久久精品 | 国产草草| 男女交性粗大视频播放 | 成人国产精品毛片 | 激情毛片视频在线播放 |