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What is the significance of supply-side structural reform?
Promoting supply-side structural reform can significantly improve the effectiveness of macro-control policies and is a long-term means to keep the economy running in a reasonable range.

Promoting supply-side structural reform is an important measure to realize the decisive role of the market in resource allocation.

Promoting supply-side structural reform is the only way to break through the middle-income trap.

Promoting supply-side structural reform is a key measure to promote the transformation of China into a country ruled by law.

Supply side, that is, supply side. The stable development of the national economy depends on the relative balance between demand and supply in the economy. Supply side, relative to demand side. To understand the supply side, we must first understand the supply side. Supply, supply in economics means that producers are willing and able to provide a certain number of goods or services at a certain price level in a certain period of time.

The supply-side structural reform aims at adjusting the economic structure, optimizing the allocation of factors and improving the quality and quantity of economic growth. Demand-side reform mainly includes investment, consumption and export, while supply-side reform includes labor, land, capital, system creation and innovation.

The supply-side structural reform is to promote structural adjustment, correct the distortion of factor allocation, expand effective supply, improve the adaptability and flexibility of supply structure to demand changes, improve total factor productivity, better meet the needs of the broad masses of the people, and promote sustained and healthy economic and social development.

Supply-side structural reform is to promote stock adjustment by incremental reform, optimize investment structure and industrial structure in the process of increasing investment, and realize sustainable economic development and continuous improvement of people's living standards on the basis of sustained and high-speed economic growth; It is to optimize the property right structure, and the promotion of the state and democracy, the macro-control of the government and the vitality of the people promote each other; It is to optimize the investment and financing structure, promote the integration of resources and realize the optimal allocation and regeneration of resources; It is to optimize industrial structure, improve industrial quality, optimize product structure and improve product quality; It is to optimize the distribution structure, realize fair distribution, and make consumption become productive forces; It is to optimize the circulation structure, save transaction costs and improve the effective economic aggregate; It is to optimize the consumption structure, realize the continuous upgrading of consumer goods, continuously improve people's quality of life, and realize innovation-coordination-green-openness-* * *.