去库存

去庫存

qùkùcún

verb

Meanings

1 to destock
2 to reduce inventory (economic policy term, esp. for unsold housing)

Characters

Examples

三四线城市仍面临严重的去库存压力。

Sān sì xiàn chéngshì réng miànlín yánzhòng de qù kùcún yālì.

Third- and fourth-tier cities still face serious destocking pressure.

政府出台措施帮助楼市去库存。

Zhèngfǔ chūtái cuòshī bāngzhù lóushì qù kùcún.

The government has introduced measures to help the property market destock.

Tips

culture

One of the '三去一降一补' supply-side reform priorities announced around 2015: destocking, deleveraging (去杠杆), reducing overcapacity (去产能), cutting costs, and shoring up weak links. Especially associated with the housing oversupply problem.

Stroke Order

去 qù

库 kù

存 cún