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目前增长平稳,可能更多是政策的结果,经济本身并不健康次贷危机后,与其他国家一样,中国采用了逆周期的政策来稳定经济。中国L型增长的逻辑跟全球基本一致,但由于中国面临的特殊性使得中国面临的挑战更大。中国保增长政策,与其他国家相比的共性是政策主导增长。这主要体现在三个方面:第一,从增长的边际贡献力量来看,主要和政策有关。去年的经济增长边际上主要来自于金融服务业,来自于股票市场的牛市。今年主要来自于房地
At present, the steady growth may be the result of policy. The economy itself is not healthy. Like other countries, China has adopted a countercyclical policy to stabilize the economy. The logic of China’s L-growth is basically the same as that of the rest of the world, but China faces even greater challenges due to the particularities China faces. China’s policy of maintaining growth and comparing with other countries is the policy-led growth. This is mainly reflected in three aspects: First, from the point of view of the marginal contribution to growth, it is mainly related to policies. Last year’s economic growth was mainly from the financial services sector margin, from the stock market bull market. This year mainly from the premises