Structural adjustment is mainly the economic development policy of "maintaining growth, facing difficulties and adjusting structure" put forward by our government in order to ensure the smooth transition of our economy during the financial crisis. Mainly in view of the fact that most of China's coastal areas are export-oriented enterprises, which have made important contributions to the accumulation of China's foreign exchange reserves during the period when the RMB did not appreciate. However, such enterprises have insufficient independent intellectual property research and development ability, rely too much on labor cost advantages and overseas orders, and have poor anti-risk ability, so a large number of closures have appeared in the face of the financial crisis. To this end, the state has formulated special policies to adjust the structure in response to this phenomenon. At the same time, structural adjustment also involves the adjustment of some high-energy-consuming enterprises. Adjusting the structure is to further optimize the proportion of three industries, optimize the agricultural industrial structure, optimize the industrial pillar structure, optimize the structure of traditional service industry and modern service industry, and optimize the financial structure. "Reorganization" is the reorganization of the market and the change of profit model.

First, as far as the whole economic structure is concerned, we should shift from over-reliance on external demand to focusing on domestic demand.

Secondly, as far as the structure of domestic demand is concerned, the imbalance between investment and consumption should be corrected.

Third, in terms of investment structure, put an end to the rise of "two high and one capital" projects, and focus on cultivating industries with high technical level, strong core competitiveness, energy conservation and environmental protection. The unsustainable development of high energy consumption, high pollution and resource industries has gradually become the national consciousness.

China has not yet established a perfect index system for judging overcapacity. The academic circles mainly measure the overcapacity through the industry production and sales rate, product inventory, price level, corporate profits and other indicators, and indirectly explain the situation of capacity utilization. On the other hand, the government investigates the relationship between supply and demand of some commodities and the utilization of industrial capacity, predicts the current and future market demand according to relevant experience, and judges whether there is overcapacity in the industry.

Recently, the word "dilemma" has been used very frequently on economic issues. The contradiction between maintaining economic growth rate and restraining housing price increase, between improving per capita income and maintaining enterprise competitiveness, and between real negative interest rate and slowing economic growth rate are all called the current economic dilemma of China. The occurrence of these difficulties confirms the transformation of China's economy, and the transformation of economic growth mode inevitably means the change of important factors in the economic environment.