供给侧改革

供給側改革

gōngjǐcè gǎigé

noun

Meanings

1 supply-side reform
2 supply-side structural reform

Characters

supply, provide

transform, leather

Examples

HSK 6

这家钢厂在供给侧改革中被关闭了。

Zhè jiā gāng chǎng zài gōngjǐcè gǎigé zhōng bèi guānbì le.

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

HSK 6

经济学家对供给侧改革的效果看法不一。

Jīngjìxuéjiā duì gōngjǐcè gǎigé de xiàoguǒ kànfǎ bùyī.

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

HSK 7-9

供给侧改革旨在去产能、降成本。

Gōngjǐcè gǎigé zhǐzài qùchǎnnéng, jiàng chéngběn.

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

Tips

history

The phrase entered mainstream Chinese policy language in November 2015, when Xi Jinping called for supply-side structural reform at a meeting of the Central Leading Group for Financial and Economic Affairs. The Central Economic Work Conference that December set its main tasks: cutting overcapacity, housing stocks and debt, lowering costs and shoring up weak spots.

Stroke Order

供 gōng

给 gěi

侧 cè

改 gǎi

革 gé