One popular line of thinking focuses on long-term structural factors, such as demographic transition. But, so far, few studies have indicated that structural factors are adequate to explain the extent of the decline in China’s potential growth rate over the last couple of years.
问题在于为何增长持续低迷。流行的思维关注人口变化等长期结构性因素。但是，到目前为止，很少有研究表明结构性因素足以解释过去几年来中国潜在增长率下降的幅度。