On March 20, the Supply-Side Reform and Sustainable Growth: Open Forum of China Macro-economy (Shanghai) Summit 2016 was held at SPI No.5 Branch. The forum was sponsored by National School of Development at Peking University and the Development Research Center of the Shanghai Municipal People’s Government, and undertaken by SPI No.5 Branch. LIN Yifu, CPPCC Standing Committee member, ZHOU Hanmin, Vice Chairman of Shanghai CPPCC Committee, ZHU Baoliang, Chief Economist of the Department of Economic Forecasting,State Information Center, LIU Shangxi, President of Chinese Academy of Fiscal Sciences, Ministry of Finance, XIAO Lin, Director of the Development Research Center of Shanghai, and well-known experts and scholars from National School of Development at Peking University attended the forum together. Members of center groups of SPI No.5 Branch, and over six hundred members of Shanghai Entrepreneurs Forum were also present.

    The Supply-side Reform is a buzzword now in the China’s economic transition and development. The supply-side structural reform starts from the improvement of supply quality to roll out the structural reform to develop economy. By improving the quality of supplies to promote the comprehensive balance between supply and demand, the reform will change the unbalanced supply-demand relationship in terms of structure, quantity and level, and thus achieve the efficient growth of economy. The attending experts had symposiums focusing on major hot issues such as the ongoing supply-side reform in China and macro-economic situation, interpretations of major policies enacted at the sessions of NPC and CPPCC, and pilot reform and innovation in Shanghai.

    The success of the forum will play a positive role in helping build on the academic reputation of SPI, expand the platform of external cooperation and communication, and enhance the influence of SPI No.5 Branch.