Since the 18th National Congress bet365 apuestas Communist Party of China，Supply-side structural reform is improving the quality and efficiency bet365 apuestas supply system、Occupying an important position in building a modern economic system，Become a new development pattern、One bet365 apuestas important deployments to promote high-quality development。Central Committee bet365 apuestas Communist Party of China、The State Council recently issued the "Outline bet365 apuestas Strategic Plan for Expanding Domestic Demand (2022-2035)"，Reaffirm the main line of deepening supply-side structural reform，To better meet domestic demand through improvement of supply quality has become one bet365 apuestas main goals bet365 apuestas strategy of expanding domestic demand during the "14th Five-Year Plan" period。Strengthening understanding of supply-side structural reform in the new journey，Conducive to accelerating the process of Chinese-style modernization。

　　Adapting to the new normal of bet365 apuestas development

It can be said，Supply-side bet365 apuestas has always accompanied China’s economic development，And have different characteristics at different stages。The Central Economic Work Conference held at the end of 2015 formally proposed the concept of "supply-side structural bet365 apuestas"，Supply-side structural bet365 apuestas has gradually become a key link in my country’s construction of a modern economic system，Important support for promoting high-quality economic development。

A period after the founding bet365 apuestas People's Republic of China，my country’s product supply is in long-term shortage，The characteristics of “seller’s market” are obvious，The main entities of economic activities are state-owned enterprises，Enterprises only focus on production，No matter sales，The production quantity is determined by the national plan，The total supply is always less than the total demand due to resource constraints，Purchasing with tickets has become the most significant cause of product shortages、The most direct sign。Therefore，This period，The core task bet365 apuestas supply side of China’s economy is to be constrained by resources，Maximize the total supply，Eliminate the contradiction between supply and demand as soon as possible。

After the reform and opening up to the early 1990s，China has entered the stage of exploring economic system reforms that restrict supply-side development，Gradually change the highly centralized traditional planned economic model，Implementing “focused on planned economy，The economic development model supplemented by market regulation，Injecting vitality into economic development，Total supply increases rapidly，Start in 1983，Some light industrial products are not only completely self-sufficient，And cancel the ticket supply system，Enhanced ability to earn foreign exchange through export。October 1992，The 14th National Congress bet365 apuestas Communist Party of China proposed to establish a socialist market economic system，China has entered the supply-side reform stage with the construction of market system as the core，Injecting endogenous power into rapid economic growth，The economic aggregate surpassed Japan for the first time in 2010，Becoming the world’s second largest economy，Not only provides a strong material foundation for China’s poverty alleviation，And continue to export “Made in China” to countries around the world。Afterwards，Purchasing power of residents has increased significantly，Chinese residents’ consumption has shifted from wasteful consumption to personalized consumption、Customized consumption stage，The characteristics bet365 apuestas buyer’s market appear。

As the economy enters a new normal，Low-end production capacity leads to structural contradictions between supply and demand and high investment、High energy consumption、High pollution、The contradiction between the extensive economic development model characterized by low added value and environmental protection is intensifying。For this，November 10, 2015，General Secretary Xi Jinping emphasized at the 11th meeting bet365 apuestas Central Financial and Economic Leading Group，"Promote economic structural reform，It is an important measure to implement the spirit bet365 apuestas Fifth Plenary Session bet365 apuestas 18th CPC Central Committee”。Next，“Promote supply-side structural reform，Becoming a major innovation that adapts to and leads the new normal of economic development，It is an active choice to adapt to the new situation of comprehensive national strength competition after the international financial crisis，At the same time, it is also an inevitable requirement to adapt to the new normal of my country’s economic development”。The Fourth Plenary Session bet365 apuestas 19th CPC Central Committee pointed out，Comprehensively implement the new development concept，Adhere to supply-side structural reform as the main line，Accelerate the construction of a modern economic system。The report bet365 apuestas 20th National Congress bet365 apuestas Communist Party of China further clarified，Adhere to the theme of promoting high-quality development，Integrate the implementation bet365 apuestas strategy of expanding domestic demand with the deepening of supply-side structural reform，Enhance the endogenous power and reliability bet365 apuestas domestic macrocycle，Promote the economy to achieve effective qualitative improvement and reasonable quantitative growth。

　　An important source of motivation for making progress while maintaining bet365 apuestas

Since the 18th National Congress bet365 apuestas Communist Party of China，China has always adhered to the general tone of economic work of “seeking progress while maintaining stability”，Ensuring that China’s economic fundamentals remain positive in the long term，Not only to gain more space for the comprehensive transformation and upgrading bet365 apuestas economy，And it has bought time to promote high-quality economic development。The dialectical relationship between "stability" and "progress" in "seeking progress while maintaining stability" is to seek progress through stability、Promote stability through promotion，Benign interaction between stability and progress，“Stability” is the bottom line，"Advance" is the purpose。

Let’s take a closer look，The "stability" proposed by the Central Economic Work Conference held in 2012-2014 is stable growth、Stabilizing policy、Actively adapt to the new normal，The core measure of “progress” is to transform methods and adjust structures，The essence is supply-side structural reform。The difference is，In 2014, "improving the quality and efficiency of economic development" was taken as the clear goal of transforming the mode and adjusting the structure。The Central Economic Work Conference held in 2015 proposed that "stability" is to stabilize growth、Stabilizing Macroeconomic Policy、Keep the economy operating within a reasonable range，“Advance” means moderate expansion of aggregate demand，Focus on strengthening supply-side structural reform，The core bet365 apuestas reform is "three cuts, one reduction and one supplement"。2016-2021 period，Gradually clarify the connotation of stable economic growth into six aspects，Stabilize employment、Stabilizing Finance、Stabilizing foreign trade、Stabilizing foreign investment、Stable investment、Stable expectations，“Advance” means continuing to promote supply-side structural reform，And take it as the main line bet365 apuestas overall tone of "seeking progress while maintaining stability"。

The 2021 Central Economic Work Conference gave new connotation to supply-side structural reform，That is, “structural policies should focus on smoothing the national economic cycle，The focus is on smoothing the domestic circulation、Breaking through supply constraints and opening up production、Assignment、Circulation、Every link of consumption”。At the same time，Make higher demands、A more difficult reform task，Committed to improving the core competitiveness bet365 apuestas manufacturing industry，Implementing industrial base reengineering project，Cultivation of "specialized, special and innovative" enterprises；Build a safe and efficient logistics network；Promote the upgrading of traditional industries through digital transformation；Easy to rent and purchase at the same time，Developing the long-term rental housing market，Promote the construction of affordable housing，Support the commercial housing market to better meet the reasonable housing needs of home buyers，Adopt city-specific policies to promote a virtuous cycle and healthy development bet365 apuestas real estate industry。

　　Adhere to innovation-driven as the bet365 apuestas

The basic point of building a new development pattern is to expand domestic demand。But whether it is to smooth the national economic cycle，Or create new economic momentum and stimulate market vitality；Whether it is to form demand and pull supply、Supply creates a higher level of dynamic balance of demand，Still promoting the innovation-driven development strategy and breaking down deep-seated institutional obstacles，Both need to promote supply-side structural bet365 apuestas with innovation as the core。

Innovation driven，Especially the supply-side structural reform with technological innovation as the main body is always the industrial structure、The only way to optimize product structure and factor input structure。Only driven by innovation can new combinations of elements be achieved，Only can Chinese industries successfully break through the low-end lock-in in the global value chain，In order to provide richness to the whole society、Cheap、Advanced functions、Safety、Green material products，In order to better meet the people’s growing needs for a better life。Practical proof，It is always difficult to overcome the passive situation where key technologies and core components are "stuck" by relying solely on the technology input model。For this，General Secretary Xi Jinping pointed out，“The essential feature bet365 apuestas new development pattern is a high level of self-reliance and self-reliance，Must place more emphasis on independent innovation”。The supply-side structural reform centered on innovation drive is a long-term measure to build a new development pattern。

Promote supply-side structural reform with innovation as the core，Requires continuous improvement of agricultural labor productivity and total factor productivity，Realizing the true industrialization of China’s agriculture，Ensuring a stable source of income for Chinese farmers，Gradually expand the consumption demand of rural residents。Promote supply-side structural reform with innovation as the core，Requires the reshaping bet365 apuestas industrial chain and supply chain led by high technology，Break the long-term impact of supply and demand fluctuations in the domestic market and the impact of trade barriers that China's industry has faced。Promote supply-side structural reform with innovation as the core，Require China’s service industry to continuously improve its ability to provide rich service products and high-quality services to meet the growing service needs bet365 apuestas whole society，Fundamentally solve the distortion bet365 apuestas internal structure bet365 apuestas service industry、A series of outstanding problems that are not conducive to sustainable development, such as hollow development and low resource allocation efficiency。

Serving the bet365 apuestas goal of common prosperity

To achieve the modernization goal of common prosperity for all people，Supply-side structural reform helps provide a basic guarantee for the common prosperity of all people。First, supply-side structural reform by promoting workers to master modern science and technology and modern labor methods，Inspiring the endogenous power of technological progress of labor and capital，Realize the simultaneous progress of labor technology and capital technology，Promote the simultaneous improvement of labor productivity and total factor productivity bet365 apuestas whole society，Not only must the total social supply be guaranteed，And we must ensure the quality of supply to the whole society。The second is to promote the supply-side structural reform of establishing a national unified high-standard modern market system，Abolish local protection and administrative monopoly，Establishing a new market order of fair competition，Achieve efficient flow and effective combination of elements，And regulate and guide the healthy development of social capital in accordance with the law，Maximize the efficiency of resource allocation in the whole society。The third is to promote industrial digitalization、Networked and intelligent supply-side structural reform，Promote the comprehensive transformation and upgrading of traditional industries，Realize production、Integrated modernization of operation and management，Continuously derive new business forms and new models，Provide new products and services that keep pace with the times for the whole society。The fourth is to steadily expand the rules、Regulation、Management、Supply-side structural reform of standards and other institutional openness，Establish and improve systems and mechanisms to promote the integrated development of domestic and foreign trade，Innovative trade cooperation model，Continuously optimize the trade structure，Consolidate and expand multilateral trade cooperation，Enhancing China’s dominant position in global trade。

　　(This article is the task bet365 apuestas National Social Science Fund’s Western Project “Supply-side Structural Reform under the Goal of Stability and Progress”、Research on Effects and Policy Initiatives” (22XJY001) Phased Results)

(Author’s unit: School of Economics, Northwest bet365 apuestas University)