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How to understand the supply-side structural reform situation and policy documents
The so-called supply-side structural reform refers to the reform that starts from the supply side and aims at structural problems.

1, the supply side includes two basic aspects: on the one hand, the inputs of production factors, such as labor, capital, land and other resources, entrepreneurs and government management, correspond to wages, interest, land rent and profits and taxes in GDP calculated by income method respectively; On the other hand, the improvement of total factor productivity is determined by three engines: institutional change and structural optimization (such as industrialization, urbanization and regional economic integration). ) and factor upgrading (that is, the improvement of the quality of production factors is different from the increase of input of production factors, including technological progress, knowledge growth and human capital improvement. And the innovation drive is to solve these problems) (institutional change is the fundamental engine).

2. There are three important supply-side factors: first, the development of the main body, including the improvement of the quality of workers or entrepreneurs, enterprises and entrepreneurs, investors, government managers and other main bodies, as well as their enthusiasm and creativity; The second is industrial development, including industrial structure optimization, industrial upgrading and the growth of emerging industries. ); Third, regional development includes regional innovation, regional structure optimization and the formation of new regional growth points.