供给侧改革

供給側改革

gōngjǐcègǎigé

noun

Meanings

1 supply-side reform
2 supply-side structural reform

Characters

supply, provide

transform, leather

Examples

供给侧改革旨在去产能、降成本。

Gōngjǐcè gǎigé zhǐ zài qù chǎnnéng, jiàng chéngběn.

Supply-side reform aims to cut overcapacity and lower costs.

这家钢厂在供给侧改革中被关闭了。

Zhè jiā gāngchǎng zài gōngjǐcè gǎigé zhōng bèi guānbì le.

This steel mill was shut down during the supply-side reform.

经济学家对供给侧改革的效果看法不一。

Jīngjìxuéjiā duì gōngjǐcè gǎigé de xiàoguǒ kànfǎ bù yī.

Economists have differing views on the effects of supply-side reform.

Tips

history

The phrase entered mainstream Chinese policy language in late 2015 when Xi Jinping used it at a Central Economic Work Conference, launching a campaign to cut excess capacity in coal, steel, and real estate. It deliberately echoes Reagan-era supply-side economics but with strong state direction.

Stroke Order

供 gōng

给 gěi

侧 cè

改 gǎi

革 gé