A Research On The Cost Reduction Policy Of Supply-side Structural Reform

Market failure theory believes that the market is not omnipotent in the adjustment of resource allocation.When market failure occurs,it is necessary to allocate resources rationally through government intervention.The theory of government failure argues that improper use of government intervention can also lead to government failure.New public management theory is that,in a market economy,the government should shift from "paddle" to "hand" at the helm,governance theory is put forward under the environment of government failure,government functions should be changed from management to "governance".At present,China enters the special stage of "three stages superposition",which presents the "new normal" of economy.Under this background,the country put forward "side structural reform","cost reduction" is one of the five major task supply side structural reform,to promote economic development and safeguard employment and people's livelihood is of great significance.Small and micro businesses are an important foundation for economic development and people's livelihood.Developing small and micro businesses is an important channel for mass entrepreneurship and innovation.Based on the mining supply side structural reforms and the connotation of "cost reduction" mission,to clarify the current our country the importance of "cost reduction" policy implementation,combined with structural reforms and"cost reduction" at home and abroad related theory and policy,structural reform since a series of supply side problems implementation effects and decrease the cost of the real economy policy.Of small micro enterprise in Jiangsu,the questionnaire investigation of the "cost reduction" policy analysis,a series of "cost reduction" policy effect since 2016 have appeared,Jiangsu small micro enterprise tax cost,the cost of financing,management cost,logistics cost,institutional trading costs and other costs of the declining trend,but there is also rising prices of raw materials and artificial cost trend obvious,allocation of resources is not supposed to benefit from tax breaks policy,financing on narrow formalities for examination and approval of such complicated issues,We should improve the pace of social security reform,improve fiscal and tax preferential policies,increase financial support,improve government service level and strengthen policy publicity.