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Operating the national economy needs not only the pull force from demand but also the push force from supply. This chapter analyzes the pushing role of production factors such as labor force, capital, natural resources like land, technological progress, and institutional innovation or institutional provision in the movement of the national economic system (NES). Moreover, it digs deeply into the theoretical and practical issues related to China’s supply-side structural reform in the context of the new normal in economic development.

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Supply Thrust of National Economic Operation and Supply-Side Structural Reform

  • 章节

  • 发表日期：

    2025年

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  • Muxi Lin,
  • Taiyan Huang

摘要

Operating the national economy needs not only the pull force from demand but also the push force from supply. This chapter analyzes the pushing role of production factors such as labor force, capital, natural resources like land, technological progress, and institutional innovation or institutional provision in the movement of the national economic system (NES). Moreover, it digs deeply into the theoretical and practical issues related to China’s supply-side structural reform in the context of the new normal in economic development.