Chinese policymakers have a stellar reputation for the quality of economic management but the same was true of the Japanese three decades ago. For the Japanese, the difficulty of shifting from their high-savings, high-investment, “catch-up” economic model proved very large. Indeed, this has still not been completed. While the Chinese economy has far more room to grow than Japan a quarter of a century ago, its disequilibria are even bigger. Moreover, contrary to conventional wisdom, the transition to a new pattern of growth has not really begun.
manbetx3.0 政策制定者的manbetx20客户端下载 管理水平享有盛誉。然而，30年前的日本人也同样如此。事实证明，摆脱高储蓄、高投资、“后发追赶式”manbetx20客户端下载 模式，对日本人来说是非常困难的。事实上，这一过程至今仍未完成。虽然比起四分之一世纪前的日本，manbetx3.0 manbetx20客户端下载 发展的空间要大得多，但是manbetx3.0 manbetx20客户端下载 的不均衡性也更大。此外，与通常认为的相反，向新增长模式的转型还未真正开始。