About Forum

VIP Conference: Explanation of Macro Policy

Time: 16:00~18:00, Sep.2

Background:  

The structural reform on supply front in the 13th Five-Year-Plan period and even longer time will be in a prominent position. It will play an important role for the stable and healthy growth of China’s economy. The purpose of reform on supply front is to improve the quality of economic growth and benefits and enhance the comprehensive productivities. At current stage, the policy focuses on increasing the supply front adjustment and guiding the reduction of excess capacity at supply front and structural adjustment to reach the new level adapting to the demand side. It helps to enhance the innovation ability of enterprises, improve the quality and efficiency of supply, improve the supply structure, and ultimately improve the TFP. Under the new economic normal, how to make China develop from a big manufacturing country to a
super power is an important problem to be considered. As an important part of China’s manufacturing industry, the automotive industry’s reform on the supply front is very important. Auto industry needs to reform supply front to continue to maintain growth momentum, adjust the structure, realize the transformation and upgrading, and form new momentum of growth. To shape the new advantage of international competition is a strategic proposition in the new era.

Discussion Focus:

This section will have in-depth discussions on the background of reform on supply front, analyze the implementation path of the reform, and put forward suggestions on the detailed implementation of the reforms.

Form of Meeting:

The VIPs will make the main reports for 60 minutes. Then, the attendees will discuss the topics and the contents of the reports under the direction of the host.

Lecturer:

Wu Xiaohua, Deputy President, Academy of Macroeconomic Research, National Development and Reform Commission:China’s Economy under the Main Line of the Structural Reform on Supply Front


 

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