|Table of Contents|

Current condition， causal relations and solution for overcapacity

《长安大学学报（社科版）》[ISSN:1671-6248/CN:61-1391/C]

Issue:
2018年05期
Page:
48-60
Research Field:
经济学
Publishing date:

Info

Title:
Current condition， causal relations and solution for overcapacity
Author(s):
YU Miaojie;  JIN Yang
China Center for Economic Research & National School of Development， Peking University， Beijing 100871， China
Keywords:
overcapacity;  supply side reform;  capacity utilization;  trade friction;  the Belt and Road
PACS:
F124
DOI:
-
Abstract:
Overcapacity is an important issue facing China’s economic transformation period. This article gives an analysis of the current condition， consequences， causes and solutions and prices for solutions in terms of overcapacity. Overcapacity is a common phenomenon during the process of economic development and it combined specific features under Chinese characteristic policy background. Considering its important impact on Chinese economy growth and stability， finding solutions has become a crucial and urgent mission. Taking international experience from Japan and China’s past coping experiences and lessons， China used multiple channels and rolled out allround strategies such as introducing the Belt and Road， market mechanism and decisive decapacity measures， which have achieved prominent results so far. However， coping overcapacity issues also involve large scale of employment transformation and cause social stability problems. Therefore， the government also released employment enhancing policies featuring “Mass Entrepreneurship and Innovation” to ease the price of decapacity.

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Last Update: 2018-11-15