Nonetheless, China eventually managed to rid itself of deflation and return to rapid economic growth. For starters, a decline in investment during the deflationary period – together with firm closures, mergers, and acquisitions – reduced overcapacity, clearing the way for investment to rebound strongly in 2002.
尽管如此，中国最终成功地摆脱了通缩，回归了快速经济增长之路。首先，通缩时期的投资下降——以及企业的关停并转——削减了产能，为2002年投资强劲反弹铺平了道路。与此同时，扩张性财政政策增加了有效需求，而政府在良好的公共财政状况的支持下也能够有效处理不良贷款，从而增加了商业银行的放贷意愿和企业的借款能力。