Summary of China’s Supply-Side Structural Reforms

Looking for the article?
We have the summary! Get the key insights in just 5 minutes.

China’s Supply-Side Structural Reforms summary
Start getting smarter:
or see our plans
20 Read later Add to

Rating

9 Overall

9 Importance

8 Innovation

9 Style

Recommendation

As the world’s second largest economy, China continues its ascent despite troubling challenges. Its leaders’ efforts to continue the country’s dynamic growth, while transitioning the Asian giant toward a more consumer-centric economic model, depend on instituting comprehensive “supply-side structural reforms” (SSSR). In this thorough analysis, the Economist Intelligence Unit offers insight and perspective on SSSR and its components. getAbstract recommends this authoritative offering to executives, investors and policy experts interested in China’s economic development.

In this summary, you will learn

  • Why China is implementing supply-side economic reforms,
  • What the policy measures entail and
  • How this new framework will affect the Chinese economy in the medium to long term.
 

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

In December 2015, China embarked on “supply-side structural reforms” consisting of five components, which officials characterize as “three cuts, one reduction, [and] one strengthening”:

  1. “Cutting industrial overcapacity” – Experts noted in 2016 that capacity utilization remained below the benchmark of 75% in several industries, signaling excess supply. Officials slashed production that year in the coal and steel sectors, home to many “zombie companies.” However, rising prices will likely discourage deeper cuts, and reductions, so far focused within the private sector, have...

More on this topic

By the same author

Industries in 2019
Industries in 2019
8
Order and Progress?
Order and Progress?
8
The Global Liveability Index 2018
The Global Liveability Index 2018
8
The Hinrich Foundation Sustainable Trade Index
The Hinrich Foundation Sustainable Trade Index
8
Preparing for Disruption
Preparing for Disruption
9
Trade War Brewing?
Trade War Brewing?
8
A Digital Future
A Digital Future
7
M&A in a Changing World
M&A in a Changing World
8
Turning Tides
Turning Tides
8
Changes on the Institutional Investment Horizon
Changes on the Institutional Investment Horizon
7
The Marriage of High Tech and High Finance
The Marriage of High Tech and High Finance
7
Innovation in Investment
Innovation in Investment
9
Symbiosis
Symbiosis
8
Worldwide Cost of Living 2017
Worldwide Cost of Living 2017
7
2016 The Year in Crisis
2016 The Year in Crisis
7
Innovation in Life Sciences
Innovation in Life Sciences
9
Democracy Index 2016
Democracy Index 2016
9
The Chinese Consumer in 2030
The Chinese Consumer in 2030
9
Towards Disaster-Risk Sensitive Investments
Towards Disaster-Risk Sensitive Investments
7
Industries in 2017
Industries in 2017
8
Managing Risk in Challenging Economic Times
Managing Risk in Challenging Economic Times
8
Terms of Trade
Terms of Trade
7
The Workforce of the Future
The Workforce of the Future
8
Global Microscope 2016
Global Microscope 2016
8
“One Belt, One Road”
“One Belt, One Road”
8
US Mid-Market Enterprises
US Mid-Market Enterprises
7
Global Food Security Index 2016
Global Food Security Index 2016
8
Latin America’s Innovation Gap
Latin America’s Innovation Gap
8
The Hinrich Foundation Sustainable Trade Index 2016
The Hinrich Foundation Sustainable Trade Index 2016
8
Factors
Factors
7
Out and Down
Out and Down
8
Retail Banking
Retail Banking
7
Europe Stretched to the Limit
Europe Stretched to the Limit
8
Worldwide Cost of Living 2016
Worldwide Cost of Living 2016
7
The Well-Connected Treasurer
The Well-Connected Treasurer
7
All That Glitters
All That Glitters
8
Governance, Cost and Sustainable Investing
Governance, Cost and Sustainable Investing
7
Democracy Index 2015
Democracy Index 2015
8
Industries in 2016
Industries in 2016
8
Rethinking Risk in a More Uncertain World
Rethinking Risk in a More Uncertain World
7
The Disruption of Banking
The Disruption of Banking
8
The Never-ending Sale
The Never-ending Sale
8
After the Freefall, What to Expect from Commodity Prices
After the Freefall, What to Expect from Commodity Prices
8
A Delicate Stage
A Delicate Stage
8
Cultivating Sources
Cultivating Sources
7
The Wealthy Migrant
The Wealthy Migrant
7
Financing the Fragile Economic Recovery
Financing the Fragile Economic Recovery
7
Long-Term Macroeconomic Forecasts
Long-Term Macroeconomic Forecasts
8
The Cost of Inaction
The Cost of Inaction
9
The Blue Economy
The Blue Economy
8
Chinese Investment in Developed Markets
Chinese Investment in Developed Markets
8
Private Sector Development in the Caribbean
Private Sector Development in the Caribbean
7
Prospects and Challenges on China’s ‘One Belt, One Road’
Prospects and Challenges on China’s ‘One Belt, One Road’
8
Generation ¥
Generation ¥
8
Future Cities
Future Cities
8
Digital Adoption in the Insurance Sector
Digital Adoption in the Insurance Sector
8
Future Factors
Future Factors
7
Spotlight on the New Wealth Builders
Spotlight on the New Wealth Builders
8
The Road from Principles to Practice
The Road from Principles to Practice
7
Singapore
Singapore
8
Worldwide Cost of Living 2015
Worldwide Cost of Living 2015
8
Redefining Banking to Survive and Thrive in a Digital World
Redefining Banking to Survive and Thrive in a Digital World
7
The Future of Business: Supply Chains
The Future of Business: Supply Chains
7
Democracy Index 2014
Democracy Index 2014
8
Still Making It
Still Making It
8
Retail Banks and Big Data
Retail Banks and Big Data
7
Navigating the Waters of Foreign Exchange and International Payments
Navigating the Waters of Foreign Exchange and International Payments
7
Industries in 2015
Industries in 2015
8
Global Challenges in Asset Management
Global Challenges in Asset Management
7
The Business of Cheaper Oil
The Business of Cheaper Oil
8
China Going Global Investment Index
China Going Global Investment Index
7
Financial Services: United States of America
Financial Services: United States of America
6
Global Microscope 2014
Global Microscope 2014
8
Evolution of Work and the Worker
Evolution of Work and the Worker
7
Cyber Incident Response
Cyber Incident Response
8
Business Environment Rankings
Business Environment Rankings
7
The Business Environment in Gulf Co-Operation Council Countries
The Business Environment in Gulf Co-Operation Council Countries
8
Consumer Goods and Retail
Consumer Goods and Retail
7
United Kingdom
United Kingdom
7
Financial Services
Financial Services
8
Energy
Energy
8
Japan
Japan
7
Germany
Germany
7
Future Factors
Future Factors
7
Value-Based Healthcare
Value-Based Healthcare
7
Worldwide Cost of Living 2014
Worldwide Cost of Living 2014
7
China’s Urban Dreams, and the Regional Reality
China’s Urban Dreams, and the Regional Reality
9
The Search for Growth
The Search for Growth
8
Brazil
Brazil
8
Is 75 the New 65?
Is 75 the New 65?
8
Succeeding in a Value-Based Environment
Succeeding in a Value-Based Environment
8
Industries in 2014
Industries in 2014
8
The End Isn't Nigh
The End Isn't Nigh
8
Diminishing Dependence
Diminishing Dependence
8
China
China
8
World Risk Alert April 18th 2013
World Risk Alert April 18th 2013
8
Telecommunications
Telecommunications
8
Women’s Economic Opportunity 2012
Women’s Economic Opportunity 2012
8
Consumer Goods and Retail
Consumer Goods and Retail
7

Customers who read this summary also read

World Economic Outlook April 2016
World Economic Outlook April 2016
7
China’s Future
China’s Future
7
A Middle Ground
A Middle Ground
8
The Numbers That Make China the World’s Largest Sharing Economy
The Numbers That Make China the World’s Largest Sharing Economy
8
Watch Out World, Here Come Chinese Government Bonds
Watch Out World, Here Come Chinese Government Bonds
8
World Economic Outlook October 2016
World Economic Outlook October 2016
8

Related Channels

Financial Markets
Globalization
Economic Theory
Doing Business in Asia

Comment on this summary