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中国在90年代新一轮经济增长中进入了改革中期的制度创新阶段。其主要标志：①原有体制能量释放过程基本结束。表现在农业基本建设投入比重的下降和国有企业背上了难以卸下的沉重历史包袱。②改革跨过单纯放权让利阶段。表现在国民收入的分配出现过度倾斜，个人收入快速增长；
In the new round of economic growth in the 1990s, China entered a stage of institutional innovation in the mid-term of reform. The main signs: ① The original institutional energy release process basically ended. This is reflected in the drop in the share of agricultural capital construction and the heavy historical burden that state-owned enterprises have been hard to remove. ② The reform has just passed the stage of decentralization and profit sharing. This is reflected in the over-inclination in the distribution of national income and the rapid growth in personal income.