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编者按:2015年,全球经济整体复苏动能减弱。美国经济在前期强劲复苏基础上增长速度有所减缓,年内加息的可能性进一步下降;欧洲经济温和复苏,但基础仍不牢固。新兴市场在美国加息预期和中国需求下降两大因素影响下,面临经济减速、滞胀和资本流出压力。我国国民经济运行处在合理区间,呈现缓中趋稳、稳中向好的发展态势。但整体来看,我国经济所处的内外环境仍然很复杂,产能过剩和资源错配的矛盾依然严重,而且制度因素以及环境因素对我国经济增长的制约越来越强,投资持续低迷,消费
Editor’s Note: In 2015, the overall recovery of the global economy weakened. The growth rate of the U.S. economy has slowed down on the basis of the strong early recovery and the probability of a rate hike further dropped during the year. The economy of Europe recovered moderately, but the foundation is still not solid. Emerging markets are under the influence of two major factors: US rate hike expectations and China’s declining demand. They are facing economic slowdown, stagflation and capital outflow pressures. The operation of our national economy is in a reasonable range and shows a trend of steady development and steady development. However, as a whole, the internal and external environment in which our economy is located remains complex. The contradiction between overcapacity and misallocation of resources remains serious. Institutional and environmental factors have more and more constraints on China’s economic growth. Investment continues to slump. Consumption