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供需 (gōng xū): supply and demand

Meaning & Stroke Order

HSK 7noun

Word info

Pinyin
Meaning
supply and demand
Characters
2
Part of speech
noun
HSK level
HSK 7

Full definitions

Meanings grouped by pronunciation.

  • supply and demand

Chinese explanation

  • 供给和需求两个方面。指市场上卖方能提供的商品数量和买方愿意购买的数量,常用来分析价格变化和经济活动。

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Character breakdown

HSK 7

to provide

HSK 5

to require

Example sentences

,,,。

Before the Spring Festival, demand for fruit in the market rises sharply, but the number of transport vehicles decreases. The imbalance between supply and demand causes prices to rise noticeably.

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When shared bikes first appeared, many cities had supply exceeding demand. A large number of bikes were piled up by the roadside with no one riding them, and the supply-demand relationship was severely out of balance.

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In recent months, because chip supply is tight while automakers' demand remains strong, the supply-demand contradiction has become increasingly prominent.

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By adjusting the minimum wage and tax policies, the government is trying to improve the supply-demand situation in the labor market so that more people can find suitable jobs.

,:,。

In a free market, prices are often determined by supply and demand: when a certain commodity is in short supply, its price will rise.

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