Open AccessRETRACTED: Research on Path Selection of Economic Growth Promoted by Supply-side Reform Based on Computer Simulation
Author(s) -
Xiuying Yin
Publication year - 2020
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1544/1/012202
Subject(s) - supply side , economics , china , demand side , economic reform , supply and demand , connotation , economic system , market economy , economic policy , macroeconomics , political science , linguistics , philosophy , law
Under the current economic situation in China and the world, it is impossible to promote sustained and effective economic growth by relying solely on the demand-driven model driven by exports, investment and consumption. Supply-side reform is a new normal for economic development. It is an important decision made by the Party Central Committee in the face of weak demand and a downward trend in the economy. It has defined the strategic focus of a new round of comprehensive reform. At present, the macro-economic problems facing our country have both cyclical characteristics, but they are mainly the trend problems brought about by structural contradictions. Promoting the structural reform on the supply side is a theoretical sublimation of our country’s macro-economic environment and is also an adverse force of the current economic situation. Based on the computer simulation analysis of the connotation of supply-side reform, this paper sorts out the relevant researches on supply-side reform at home and abroad. Explains the necessity of supply-side reform in our country, and puts forward the path choice for our city to promote economic growth by supply-side reform.