三去一降一补

三去一降一補

sānqùyījiàngyībǔ

phrase

Meanings

1 "three cuts, one reduction, one improvement" (Chinese supply-side reform policy: cut overcapacity, excess inventory, leverage; reduce costs; improve weak links)

Characters

Examples

去年供给侧改革重点是三去一降一补。

Qùnián gōngjǐcè gǎigé zhòngdiǎn shì sānqùyījiàngyībǔ.

Last year's supply-side reform focused on 'three cuts, one reduction, one improvement.'

钢铁行业率先完成了三去一降一补的任务。

Gāngtiě hángyè shuàixiān wánchéng le sānqùyījiàngyībǔ de rènwù.

The steel industry was first to complete the 'three cuts, one reduction, one improvement' tasks.

Tips

culture

Policy slogan from 2015: 去产能, 去库存, 去杠杆 (cut overcapacity, inventory, leverage), 降成本 (cut costs), 补短板 (shore up weak spots). Typical CCP five-year-plan compression.

Stroke Order

三 sān

去 qù

一 yī

降 jiàng

补 bǔ