November’s Third Plenum proposed significant economic reforms to rebalance China’s economy and reduce its addiction to debt, in large part by reversing many of the processes that drove growth in the past three decades. Of course this potentially radical shift in China’s development model will make predicting economic performance in 2014 more difficult than ever.
去年11月召開的中共中央十八屆三中全會提出了重大經濟改革措施,以再平衡中國經濟,降低其對債務的依賴,主要手段是逆轉在過去30年裏推動經濟成長的過程。中國發展模式可能發生的這種大幅度轉變,自然將增加預測中國2014年經濟表現的難度。
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