2016年年初最热门的经济话题莫过于供给侧结构性改革,“供给侧”与“需求侧”相对应。需求侧有投资、消费、出口三驾马车,三驾马车决定短期经济增长率。而供给侧则有劳动力、土地、资本、创新四大要素,四大要素在充分配置条件下所实现的增长率即中长期潜在经济增长率。而结构性改革旨在调整经济结构,使要素实现最优配置,提升 The hottest economic issue at the start of 2016 is none other than supply-side structural reforms, where the “supply side” corresponds to the “demand side”. Demand-side investment, consumption, export troika, troika decided short-term economic growth. On the supply side, there are four major elements: labor, land, capital and innovation. The growth rate of the four major factors under fully allocated conditions means the medium- and long-term potential economic growth rate. The structural reforms aimed at adjusting the economic structure so that the optimal allocation of elements to achieve