Proceedings of The First International Symposium on Management and Social Sciences (ISMSS 2019)

International Experience of Supply-side Reform and Its Enlightenment to China

Authors
Lingyan Xiang, Xiaojun Zhang, Na Liu
Corresponding Author
Lingyan Xiang
Available Online April 2019.
DOI
https://doi.org/10.2991/ismss-19.2019.30How to use a DOI?
Keywords
Supply-side reform; demand side; industrial structure; tax reduction and burden reduction; human capital investment
Abstract
In recent years, the sustained downturn of China's economic growth has brought about structural contradictions, and the way to continue stimulating demand cannot effectively promote the economy. In 2015, the central government formally put forward a new policy of supply-side reform. In this paper, by analyzing and comparing the specific measures, effects and key factors of success or failure in the process of supply-side reform in the United States, Germany, Argentina and Japan, and considering the problems arising in the earlier stage of supply-side reform in China, it is put forward that from the perspective of combining supply side and demand side, market-oriented measures should be replaced by administrative measures, and long-term planning and short-term regulation should be adopted to promote the smooth development of supply-side reform in China.
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Proceedings
The First International Symposium on Management and Social Sciences (ISMSS 2019)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
April 2019
ISBN
978-94-6252-697-6
ISSN
2352-5398
DOI
https://doi.org/10.2991/ismss-19.2019.30How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Lingyan Xiang
AU  - Xiaojun Zhang
AU  - Na Liu
PY  - 2019/04
DA  - 2019/04
TI  - International Experience of Supply-side Reform and Its Enlightenment to China
BT  - The First International Symposium on Management and Social Sciences (ISMSS 2019)
PB  - Atlantis Press
SP  - 144
EP  - 147
SN  - 2352-5398
UR  - https://doi.org/10.2991/ismss-19.2019.30
DO  - https://doi.org/10.2991/ismss-19.2019.30
ID  - Xiang2019/04
ER  -