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供给侧结构调整的内涵是资源从过剩行业到新兴行业的再配置。本文总结分析了美国的供给侧调整实践,并比较中国经济现实,认为国内新兴行业盈利增速顶点隐现,已接近推出需求扩张政策的最佳时点,供给侧调整期间的需求扩张着力点在于财政、货币以及产业政策。
The connotation of supply-side structural adjustment is the relocation of resources from surplus industries to emerging industries. This paper summarizes and analyzes the practice of supply side adjustment in the United States and compares the economic reality in China. It considers that the peak of profit growth of emerging industries in China appears to be nearing the best time to launch the demand expansion policy. The demand expansion during supply side adjustment focuses on the fiscal , Currency and industrial policy.