Supply-side structural reform has been a top policy objective for China since it was first introduced by President Xi Jinping in late 2015, but a new buzzword has now entered the country's economic lexicon -- "demand-side reform."
The phrase made its public debut on Friday at the latest meeting of China's Politburo, the ruling Communist Party's top decision-making body chaired by the president, where leaders discussed economic policy priorities ahead of the annual Central Economic Work Conference expected to take place later this month.