Research On The Supply-side Structural Reform Path Under The New Normal Of The Economy

The new normal economy is an important judgment made by our party based on the stage characteristics of China's current economic development and based on the accurate analysis of China's economic development situation.Under the new normal economy,China's economy is shifting from high-speed growth to high-quality development,with more diverse driving forces for growth and sustainable economic development.The new normal economy has multiple characteristics,mainly manifested in the transformation of economic growth from high-speed to medium-high-speed,continuous optimization of economic structure and innovation as important driving forces.On the basis of following the five development concepts,China's socialist market economy system will be constantly improved.Supply-side structural reform is a major strategy put forward to adapt to and lead the new normal of economic development and promote the high-quality development of China's economy under the new normal economy.The reform aims to balance the supply structure,avoid mismatch between supply and demand and improve total factor productivity.China's supply-side structural reform is different from the western supply-side reform.It is a structural reform with Chinese characteristics guided by Marxist political economy.The internal logic of the economic new normal and supply-side structural reform is consistent,and they are internally consistent in policy orientation,structural adjustment,motivation of Economic Growth,challenges and implementation paths.At present,socialism with Chinese characteristics has entered a new era,and the major contradictions in our society have been transformed.It is imperative to build a modern economic system and achieve high-quality economic development.Therefore,it is necessary to take the supply-side structure reform as the main line,promote "cut overcapacity,reduce excess inventory,reduce leverage,lower costs,and strengthen area of weakness." in short time,in order to consolidate its previous achievements,strengthening the government system innovation for a long time and provide effective system supply,so as to adapt to the new normal economy and lead China's economic development,promote the quality and economic development,avoid the mismatch between supply and demand,continuously meet the needs of the people for a better life.