More to know about China’s supply-side reform

%3CP%3E%3CFONT%20face%3DVerdana%3EHere%20are%20some%20of%20the%20unique%20features%20of%20China%27s%20supply-side%20reforms.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3ESupply-side%20reform%20focuses%20on%20the%20reform%20of%20the%20supply%20front.%20Under%20the%20reform%2C%20economic%20growth%20can%20be%20achieved%20through%20investing%20in%20capital%2C%20and%20lowering%20barriers%20on%20goods%20and%20services%20production.%20Consumers%20will%20benefit%20from%20a%20greater%20supply%20of%20goods%20and%20services%20at%20lower%20prices.%20While%20businesses%20will%20increase%20the%20demand%20for%20employees%20and%20therefore%2C%20create%20jobs.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EThe%20supply-side%20reform%20has%20been%20actively%20promoted%20by%20China%27s%20top%20leaders.%20Lowering%20marginal%20tax%20rates%20and%20less%20government%20regulation%20are%20highly%20recommended.%20But%20besides%20that%2C%20China%20will%20also%20adopt%20a%20series%20of%20measures%20in%20the%20supply%20industries%2C%20capital%20control%20policies%20and%20reforms%20of%20its%20fiscal%20systems%20to%20put%20the%20supply-side%20reform%20into%20practice.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3EAbsorption%20of%20over-capacity%2C%20along%20with%20industrial%20reorganization%2C%20serves%20as%20a%20goal%20for%20the%20reforms.%20But%2C%20the%20ultimate%20goal%20is%20that%20China%20can%20optimize%20the%20economic%20structure%20and%20achieve%20sustainable%20development.%3C/FONT%3E%3C/P%3E%0D%0A%3CP%3E%3CFONT%20face%3DVerdana%3E%3CBR%3E%28CCTV.com%29%3CBR%3E%3C/FONT%3E%3C/P%3E