As China strives to sustain growth, supply-side reform is the latest tool to be taken from the box and sharpened. Cutting housing inventories, tackling debt overhang, eliminating superfluous industrial capacity, cutting business costs, streamlining bureaucracy, urbanization and abandoning the one-child policy are all examples of supply-side reforms.
Viewed as a whole, these measures can also be considered "structural" reform. By cutting capacity, nurturing new industries and improving the mobility of the populace, vitality and productivity should increase.
从提高供给质量出发，用改革的办法推进结构调整，矫正要素配置扭曲，扩大有效供给，提高供给结构对需求变化的适应性和灵活性，提高全要素生产率，更好满足广大人民群众的需要，促进经济社会持续健康发展。