供需 gōngxū supply and demand
How to remember 供需: 供 to supply + 需 require = supply and demand.
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How it is used
- Supply and demand - 市场供需失衡 (shìchǎng gōngxū shīhéng) market supply and demand are out of balance.
- Interchangeable with 供求; 供需 pairs especially with 平衡/失衡 (balance/imbalance), 矛盾.
- 需 = need/demand vs 求 = seek/demand; both refer to the demand side. Slightly more common in modern economic writing.