中国供给侧结构性改革的宏观经济含义

郑超愚; 王春红

中国供给侧结构性改革的宏观经济含义

引用本文：郑超愚，王春红.中国供给侧结构性改革的宏观经济含义[J].湖南大学学报社会科学版,2017,(4):58-63

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作者	单位
郑超愚，王春红	（中国人民大学经济学院，北京 100872）

中文摘要:中国经济的供给侧结构性改革是中国经济体制改革和结构调整的历史趋势延续以及适应时代要求的扩展和深化，同时具有市场基础、政府指引和微观调节的多维特征。中国供给侧结构性改革应该防范和化解其长期增长效应与短期稳定效应的可能冲突，综合协调各项重点任务中去产能与继续工业化、去库存与房地产泡沫、去杠杆与债务可持续性、降成本与工资收入预期以及补短板与基础设施投资的平衡关系，与积极需求管理政策相配合，引领中国经济发展的新常态和实现中国经济景气的正常化，以维持高储蓄-高投资-高增长的经济赶超模式。

中文关键词:供给侧结构性改革增长与稳定效应重点任务需求管理

Macroeconomic Implication of Chinas Supply-Side Structural Reform

Abstract:Along the historical trend of economic reform and structural adjustment，Chinas supply-side structural reform is designed to meet the requirements of new economic era，and possesses multiple properties of market foundation，government guide and microeconomic regulation.The supply-side structural reform should protect and resolve the possible conflict between long-term growth and short-term stabilization effects，and，in carrying out its primary tasks，comprehensively coordinate and balance the fine relationships between capacity cutting and industrialization，between destocking and housing bubble，between deleveraging and debt sustainability，between cost reducing and wage expectation，and between weal links bolstering and infrastructure investment.In cooperation with proactive demand management，Chinas supply-side structural reform would lead the new normal of economic development，and enhance the normalization of economic condition，so as to restore the economic catching-up mode of high saving，high investment and high growth.

keywords:supply-side structural reform growth and stabilization effects key tasks demand management

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