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新常态下,中国宏观经济失衡有了新的特点,既有通货膨胀的压力,又有经济下行的威胁,叫双重风险并存。双重风险同时发生,宏观政策既不敢扩张,也不敢紧缩。若是扩张的话,全面刺激经济,有利于遏制经济下行,但是可能把潜在的通货膨胀激活。若是紧缩的话,有利于遏制通货膨胀,可是加剧经济下行。中国经济增长取得了举世瞩目的成就。改革开放30多年,有统计数据显示,中国经济的增长率平均达到了9.7%,超过了9%以上。第二次世界大战之后,首先开创这一纪录的是日本,日本从1950年代到1970年代保持了20年的高
Under the new normal, there are new characteristics of China’s macroeconomic imbalance, both the pressure of inflation and the threat of economic downturn, so that the two risks coexist. Double risks occur at the same time, and macro-economic policies dare not to expand or dare to retrench. If expanded, stimulating the economy in its entirety will help curb economic downturn, but may activate potential inflation. If tightening, it will help curb inflation, but exacerbate the economic downturn. China’s economic growth has made remarkable achievements. More than 30 years of reform and opening up, statistics show that China’s economic growth rate reached an average of 9.7%, more than 9%. After World War II, Japan first set the record for this record. Japan maintained a 20-year high from the 1950s to the 1970s