A Study On Countermeasures Of Transformational Development For H Under The Background Of "Supply-side Structural Reform"

Since the global financial crisis in 2008,the government has implemented many policies like fiscal stimulus,money drain,but failed to solve the fundamental problem existed and left a lot of risks and complications.From the various dimensions’ perspective of economic performance,the slowdown of current economy is mainly structural and institutionalized,under current economic situation of domestic and overseas,China’s economy will experience a long period of “L-shaped” growth stage.“New normal” is a significant feature of China’s economy at present,to make good use of “new normal”,we need to have a comprehensive acquaintance of it and guide it to play a role in the whole process of economy development.The fundamental solution to break the “new normal” lies in structural reform and "supply-side structural reform”.Listed company occupied a pivotal position in economy system,especially in the capital market.China’s economy has stepped into a "new normal" phase,facing the change of internal and external factors brought by " the three-period superimposed",listed company,the main driving force of China’s economy,are significantly affected.Under such a background,part of them are struggling for their running and are eager to change their development modes.By encouraging listed company to make use of optimized restructuring of capital market,government managed driving the transformation and improving profitability of listed company.Based on the specific development process of H,combines with researches on “supply-side structural reform”,“the three-period superimposed” and “new normal”,this paper covers the contents of H carried out capital operation by taking the advantage of the listed company’s platform and managed transformation development in the way of merging Internet related businesses through major asset restructuring.The first chapter is an introduction;the second chapter is an overview of the ideas of “supply-side structural reform” and transformation development;the third chapter focuses on the challenges that “the three-period superimposed” posted to H;the forth chapter probes into the possible transform ways that H could take;the fifth chapter presents the safeguard measures for H’s transformation development;the last chapter is the conclusion and forecast of this paper.This paper mainly describes that despite the influences of “the three-period superimposed”,some listed companies who have difficulties in keeping their running managed their transformation with the help of the platform of listed company and capital operation.Based on the comprehensive analysis of the “supply-side reform” and the influence of listed company’s capital operation,the author put forward the strategies that listed company should take and makes a preliminary exploration on crossover operation of enterprises.For most listed companies,the essay can be taken as a reference for the transformation development under the influences of " the three-period superimposed ";For those companies who have difficulties in keeping running,this essay can provide them with some ideas of managing transformation;For the supervision department and relevant decision-making organs,the essay may help them with their supervising and policy-making.