Economic terms, a month ago, it has been frequently appear at the top of them speak. Time back to November. November 10, the Central Financial Work Leading Group meeting, at the first mention of 'supply-side reform,' which is the word first appeared in the meeting among the central level; then, G20 summit, APEC speech, Xi Jinping also mentioned this word, and be regarded as China and the world economy prescription; the same month the State Council executive meeting, the supply-side reform also appear. From the Central Financial Work Leading Group meeting, the State Council executive will go to the Politburo meeting, from domestic to international, 'supply-side reform' frequent, people can speculate, of which the next upcoming Central Economic Work Conference, the basic word the suspense will not appear. However, as before the Jiu San Society Central Committee Vice Chairman He Keng said, after the idea put forward, 'the media seems insufficient attention, economists seem indifferent.' An outstanding performance is that after today's meeting of the Political Bureau press release came out, a lot of media crawled point is 'to resolve the real estate inventory.' In fact, as long as the link text before and after you know, around three to resolve the real estate mentioned, this is the four Central Financial Work Leading Group meeting Xi Jinping On the supply side when it comes to the reform of (resolving capacity, reducing the burden of enterprises and prevent financial risk) one. So, the question arises: what is the supply-side reform mean? After comparing supply, meaning we can have a clearer presentation. And the supply side is opposed to the demand side. In fact, this is the main idea thirty years of China's economic management: demand management. They are more familiar with the expression of words, and that is stimulating economic troika: investment, consumption, exports, in fact, belong to the demand side. Whether it is '4 trillion' stimulus plan, or to cut interest rates, lowering quasi macro-control, all belong to demand management. The idea that the economic management, economic growth, lack of motivation, lack of demand lies. Therefore, in various ways to stimulate demand and stimulate the economy, which is the driving force behind economic growth. Thinking is different from the supply-side reforms, but this - they think, simply continue the 'troika' of the demand side
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