A Policy Study On The Structural Reform Of China's Supply Side By Monetary Policy

In November 2015,the Central Economic Work Conference for the first time put forward the supply side of the structural reform of economic policy,the new economy during the period of C hina's economic needs of the supply side of the structural re form to focus on improving the quality and efficiency of the supply system and enhance economic growth momentum,C hina 's social productive forces to achieve the overall jump.The structural reform of the supply side is a major innovation to adapt and lead the new norm of economic development.It is an active choice to adapt to the new situation of comprehensive national strength competition after the international financial crisis.It is an inevitable requirement to adapt to the new normal state of C hina's economic development.Therefore,it is of practical significance to explore the dynamic mechanism of economic growth from the perspective of supply side.In this paper,the main contents of the study on the production capacity,to inventory,to leverage,reduce costs,make up short board,the full realization of industrial upgrading and supply and demand structure balance,improve economic efficiency,out of economic difficulties.With the development of world economic integration and the soundness of the global financial system,the development trend of a country's economy has been affected by the world economic cycle trend.At the same time,for the country's economy and the financial system put forward more efficient and perfect requirements,need to build a more comprehensive and reasonable economic development system.In view of the influence of monetary policy on the structural reform of the supply side and the selection of the supporting path,it is divided into two directions: one is the emphases and main contents of the structural reform of the supply side,and the other is the study of monetary policy.Path of choice.Through the analysis and research can be obtained,monetary policy on the supply side of the structural reform support path has the fo llowing:(1)interest rate market-oriented pricing system,more robust market is conducive to the production capacity,to inventory,cost reduction;(2)Improve the multi-level capital market,multi-channel financing to reduce costs and leverage;(3)the exchange rate policy is sound,the exchange rate market is conducive to the production capacity;(4)the financial system innovation,make up for C hina's financial system of short board;(5)Monetary policy tools to adapt to the new normal economic development period of the supply side of the structural reformThis paper puts forward the following suggestions on the following results: First,focus on the economic situation at home and abroad and cultivate the structural reform of the supply side,and put forward the evaluation of the monetary policy indicators.policy.First of all,the paper analyzes the current economic situation and puts forward the structural reform.Secondly,it recognizes the urgency of the structural reform of the supply side and p uts forward the main contents of the reform.Finally,it finds out the starting point of the structural reform of the supply side,Foundation.Second,focus on the analysis of the mechanism of monetary policy,to build the supply side of the structural reform of the support path.First of all,the implementation of the support path of monetary policy is both targeted and intertwined.Secondly,the integration of monetary policy and the structural reform of the supply side innovates and innovates the new institutional mechanism.Third,according to the needs of the new period to reconstruct the monetary policy system.First of all,according to the structural reform of the supply side,select the monetary policy indicators focus;second,monetary policy and the real economy to promote economic growth;Finally,the monetary policy to respond to the supply side of the structural reform.