Over the past 30 years of reform and opening-up, China's economy has maintained rapid growth and become a real economic power. However, due to a series of internal and external factors, such as the decline of demographic dividend, the accumulation of risks of the "middle-income trap" and the profound adjustment of the international economic pattern, China's economic development is entering a "new normal".

  To this end, the government adopted demand stimulus, but the effect was little. Since 2015, the Central bank has cut interest rates and reserve requirement ratios five times, and the National Development and Reform Commission has approved more than 2 trillion yuan of new infrastructure projects, but investment remains sluggish. In the field of consumption, there is an obvious mismatch between supply and demand: the growth rate of domestic consumption is down, but Chinese residents are crazy to buy goods overseas. The growth rate of domestic air passenger transport is down slowly, but cross-border travel continues to grow at a high rate. This means that the current problem facing China's economy is not short-term demand, but medium - and long-term supply. Therefore, the supply-side structural reform proposed by the state is very urgent and timely.

  Supply-side reform is different from stimulating the demand side in the past, returning to the source of growth innovation, emphasizing institutional supply and building a new development system, so as to break the growth dilemma and release growth dividends through the supply side. It also emphasizes the macro-control in the medium - and long-term vision of optimizing structure and increasing effective supply. Due to the prominent structural problems in China's economy, it is necessary to give special play to the role of supply-side management in structural adjustment, that is, to increase effective supply on the weak board.

  Consider the motorcycle industry, which has been in continuous decline since 2008. For motorcycle industry "winter", everyone here should feel quite deep. In the face of this decline, some people are full of worries about whether the industry will turn around, while some people are making active exploration and efforts. Since he was elected as a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) in 2008, Zuo Zongshen has actively appealed for the motorcycle industry at the annual two sessions and submitted proposals to the conference on abolishing the "ban on motorcycle riding". Put aside worries, do not wait for the government to lift the ban "motorcycle ban", with the depth of the motorcycle industry reform and motorcycle market adjustment, reform from the supply side of the industry; It is wise to work hard to launch products with higher gold content, improve product value and added value, conform to the upgrading of consumer demand and synchronize the development of the market. Therefore, for the motorcycle industry, the supply side reform is neither a last resort, but also a rare opportunity.