The main contradiction of China's economic operation is still supply-side structural. We must adhere to the supply-side structural reform as the main line, adopt more reform methods, make more use of marketization and rule of law, and work hard on the words "consolidate, enhance, upgrade and smooth". This has pointed out the direction for deepening supply-side structural reform and promoting high-quality economic development at present and in the future.
The essence of supply-side reform:
Supply-side reform is essentially to reform the supply mode of government public policy, that is, to reform the production, output, implementation, revision and adjustment mode of public policy, to better coordinate with market orientation and give full play to the decisive role of market in resource allocation. In the final analysis, supply-side reform is to standardize the government's power according to the requirements of market orientation.
Talking about supply-side reform without the decisive role of market in allocating resources and restraining invisible hand with tangible hand will not only help the adjustment of economic structure and industrial structure, but also damage the existing market-oriented reform achievements.